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Showing 1 - 10 of 136 results for %22Australian Sustainable Finance Initiative%22

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... allocations include: $1bn to Solar SunShot, $466m to PsiQuantum, $500m to the Battery Breakthrough Initiative, $3.2bn to the Australian Renewable Energy Agency, A $6.7bn Hydrogen Production Tax Incentive, and $1.3bn for Hydrogen Headstart. The Future ...

Closing the Gap in First Nations investing

ROSE MARY PETRASS  |  MONDAY, 6 MAY 2024  |  NEWS
... climate impacts including rural communities, Torres Strait Islander communities and the Pacific, Will Leak, Senior Sustainable Investment Analyst at Mercer said at the conference held in Sydney last week. In order to build trust through representation ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
Australian businesses and financiers face significant challenges in reporting on sustainability - a technical skill that is essential to meet climate targets and ensure a smooth and effective transition to net zero. Both government and high education ...

Investors back modern slavery compensation

ROSE MARY PETRASS  |  MONDAY, 12 FEB 2024  |  NEWS
... victim-survivors in Australia. There are at least 1900 victim-survivors of modern slavery in Australia, according to Australian government estimates. Although a criminal offence, there is no national compensation scheme to support victim-survivors. A ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... scaled up offshore wind development. The government announced it will co-fund the development of an Australian sustainable finance taxonomy, committed to women's economic empowerment in the climate transition, and mandated that the Australian Prudential ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The Australian government has announced it will rejoin the global Green Climate Fund with an initial contribution of $50 million, and allocate $100 million to the Pacific Resilience Facility, to help developing countries transition their economies to ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... the government's intention to issue green sovereign bonds earlier this year. The program will be managed by the Australian Office of Financial Management and is slated to begin in mid-2024. Altius Asset Management senior portfolio manager Gavin Goodhand ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... emissions by 2050, with 30 committing to near zero methane emissions for the first time. Woodside Energy is the only Australian company to have signed the pledge. 27 countries endorsed the UAE Hydrogen Declaration of Intent, and 52 countries signed the ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
The Australian public service will run on 100% renewable energy by 2030, whilst government office space that is purchased from 2026 onwards must have a 6-star NABERS energy rating as the Department of Finance releases its strategy to achieving net zero ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... The installed capacity of the National Electricity Market (NEM) is currently 64GW (71GW including the 7GW in the West Australian South West Interconnected System). The CIS replaced the Morrison/Taylor LNP government's capacity mechanism, designed to ...
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