HomeTOORAK TIMES - SOCIALLY AWARECONTRIBUTORS & BLOGGERSAustralian Climate Charity Corena Hits $1 Million Donation Milestone – And Doubles...

Australian Climate Charity Corena Hits $1 Million Donation Milestone – And Doubles It Through Revolving Fund

Climate action financing charity Corena has achieved two extraordinary funding milestones in April 2026: more than $1 million in total donations from ordinary Australians, and a unique revolving fund that has transformed those donations into more than $2 million in interest-free loans for community organisations.

KEY FACTS AT A GLANCE

  • Total donations raised: $1,001,860.43 — contributed by everyday Australians.
  • Total interest-free loans issued: $2,003,268.40 — thanks to Corena’s revolving fund recycling repayments.
  • How the revolving fund works: As loans are repaid, at least 80% of repayments are recycled to fund new climate projects, multiplying the impact of every dollar donated.
  • Beneficiaries: Non-profit community organisations and charities.
  • Tax deductibility: Donations to Corena are tax-deductible.

GRASSROOTS PEOPLE-POWER IN ACTION

  • Climate action charity Corena celebrates reaching two key funding milestones in April 2026, showcasing the real, growing impact of community generosity.
  • An incredible $1,001,860.43 has been donated by ordinary yet extraordinary Australians to provide interest-free loans that fund climate action projects for non-profit community organisations. These projects enable organisations to cut their carbon emissions and reduce long-term operating costs. Importantly, if it weren’t for Corena, these projects would have struggled to get off the ground: the organisations involved experienced barriers to self-funding or servicing interest-bearing loans.
  • What makes this milestone even more remarkable is Corena’s unique revolving fund model. That $1 million in donations has financed over $2,003,268.40 in total project loans. As loans are repaid into Corena’s fund, at least 80% of repayments are recycled to finance further climate action projects, meaning the impact of every donation grows over time.

    This phenomenal result is only possible because of Corena’s remarkable community of donors, both everyday supporters and major donors, who see Corena as a tangible way to reduce carbon emissions immediately and for many years into the future.

“Reaching $1 million in donations is a testament to the generosity and vision of our community. But what truly excites us is that this $1 million has achieved $2 million in real, on-the-ground climate action, and that impact will keep growing with every loan repaid and recycled. This is grassroots people-power in action.”

— Corena Committee Member, Phil Browne

ABOUT CORENA

Corena is an Australian climate action financing charity that provides interest-free loans to non-profit community organisations to fund emission reduction projects. Through its unique revolving fund, Corena maximises the impact of every dollar donated, recycling at least 80% of loan repayments to finance further climate projects.

Donate (tax-deductible): corenafund.org.au/donate

Apply for a project loan (free monthly info session): corenafund.org.au/apply-for-a-project-loan

A tax-deductible donation to Corena truly is “the gift that keeps on giving”

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Eco Voice
Eco Voicehttps://www.ecovoice.com.au/
First published in 2003, Eco Voice is your go-to publication for sustainability news in Australia. Eco Voice prides itself as an independent news platform with a clear focus on sustainability, with articles coming from a diverse range of contributors – all levels of government, corporations, not-for-profits, community groups, small to medium sized businesses, universities, research organisations, together with input from international sources. Eco Voice values community, conservation and commerce. Eco Voice is a media partner of the prestigious Australian Banksia Sustainability Awards – The Peak Sustainability Awards.
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