UPDATED: Sunday, Dec. 13 at 6 p.m. AEDT with a statement from the prime minister's office.

Maybe everyone's just drunk after the landmark climate agreement reached in Paris on December 12, but the Australian government is finally making a little sense.

Prime Minister Malcolm Turnbull has overturned a ban that proposed to prevent the Clean Energy Finance Corporation (CEFC), a government-created A$10 billion fund (US$7 billion) that invests in renewable energy, from putting money into new wind power projects, a spokesperson from the prime minister's office confirmed to Mashable Australia.

The organisation is now allowed to focus on "offshore wind technologies."

See also: The 5 most important components of the Paris climate agreement

In July, to the dismay of the renewable energy industry, the government, led by then-Prime Minister Tony Abbott, issued a directive that would prevent the CEFC from investing in such projects.

Abbott, who once dabbled in the scientifically debunked claim wind farms can cause health problems, had been taking his campaign against renewable energy to greater and greater heights until he was pushed out by Turnbull in September. He had hoped to abolish the CEFC entirely, but was blocked in the senate.

"The new CEFC investment mandate reflects the Turnbull Government's strong support for renewables and innovation," the spokesperson said. "The mandate puts the CEFC's focus on new and emerging renewables technologies, rather than supporting well established technologies that are financially viable without government support."

According to the Guardian, the new CEFC mandate reads: "As part of its investment activities in clean energy technologies, the corporation must include a focus on supporting emerging and innovative renewable technologies and energy efficiency, such as large scale solar, storage associated with large and small scale solar, offshore wind technologies, and energy efficient technologies for cities and the built environment."

Since it was formed, the CEFC says it has poured more than A$1.4 billion (US$1 billion) into clean energy projects. The CEFC did not immediately respond to request for comment.

The move comes as the Paris accord suggests the world is increasingly turning away from fossil fuels. The agreement set a target of holding global warming to "well below 2 degrees Celsius (3.6 degrees Fahrenheit)," a number that could only be achieved by a move towards renewable energies.

However, Greens senator Larissa Waters pointed out to reporters Sunday that abolishing organisations like the CEFC remains Liberal Party policy under Turnbull. "So one very small but significant action that Malcolm Turnbull could take if he wanted to show he wasn’t Tony Abbott was to take those agencies off the chopping block and allow them to invest in and develop the wonderful clean energy potential that Australia has in spades," she said.

"Australia has no credibility when it talks about clean energy innovation, research and development when it still has those bodies on the chopping block."

While it was party to the Paris agreement, Australia did not sign off on a number of objectives, including a pledge to phase out fossil fuel subsidies.

The Australian government's current emissions reduction target is 26-28% from 2005 levels by 2030.