Search Results

Showing 121 - 130 of 273 results for "Australian Government"

Climate change "a first-order risk": RBA

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
Reserve Bank of Australia deputy governor Guy Debelle called climate change "a first-order risk for the financial system", with broad-ranging impacts on Australia. Debelle also warned while there has only been "isolated examples" of divestment from ...

Ratcheting up ambition on climate finance goals

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
... - money to support mitigation and adaptation actions that will address climate change. For its part, the Australian government provided AU$1.5 billion in climate finance between 2015-2020 and in December 2020, Prime Minister Scott Morrison announced ...

Post-COVID economic recovery "once in a generation opportunity"

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... change, and how can we address a whole range of other things that Australians value." The report calls on the Australian government to set a net zero target by 2050, noting that doing so would result in $63 billion in new investment opportunities in ...

Responsible investors called to action on First Nations Peoples

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... Australia report, Never Again, found missteps by Rio Tinto, the Australian federal government, the Western Australian government, the PKKP's legal representatives and were let down by native title law. Rio Tinto has faced significant backlash for ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... analysis and disclosure, but APRA states that it does not create new requirements or obligations. "Since the Australian government became a party to the Paris Agreement, APRA has been raising awareness of climate-related risks to the financial sector," ...

Corporate super fund sets net zero target

RACHEL ALEMBAKIS  |  MONDAY, 29 MAR 2021  |  NEWS
A major corporate superannuation fund has joined the ranks of super funds announcing plans to achieve net zero greenhouse carbon emissions by 2050. The $22 billion corporate fund has announced goals that will reduce current greenhouse gas emissions ...

ARENA to provide finance for pumped hydro facility

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 MAR 2021  |  NEWS
... support the Genex Power's Kidston Stage 2 Pumped Hydro Energy Storage (PHES) project. On behalf of the Australian Government, ARENA today announced it has conditionally approved up to $47 million in funding to Genex for the pumped hydro facility. ...

Australian business face European carbon levy for exports

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... international system for working things out, such as the WTO and various other bodies. "That's why the Australian government, and Europe, which arguably has been the real champion of the international system and the international trade policy agenda ...

Rio leadership overhaul aimed at restoring trust, license to operate

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
... Australia report, Never Again, found missteps by Rio Tinto, the Australian federal government, the Western Australian government, the PKKP's legal representatives and were let down by native title law. Rio Tinto has faced significant backlash for ...

Australia to join climate resilience investment initiative

RACHEL ALEMBAKIS  |  MONDAY, 25 JAN 2021  |  NEWS
The Australian government will join the international Coalition for Climate Resilient Investment (CCRI) and will refresh the National Climate Resilience and Adaptation Strategy. The CCRI is a finance sector-led initiative of more than 75 institutional ...