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Ernst & Young: go beyond carbon price implementation

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
... it does need to be taken into consideration and factored in decision making," said Mathew Nelson, Ernst & Young Oceania climate change and sustainability leader. "For example, businesses are unlikely to forward purchase significant volumes of Carbon ...

Rann steps down as chairman of Low Carbon Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 NOV 2012  |  NEWS
... commissioner to the United Kingdom. Martijn Wilder, a director of Low Carbon Australia and head of Baker and Mackenzie's global climate change and emissions trading practice has been appointed the new chairman. "Mr Rann's guidance and assistance in the ...

Sustainable development and Australia in the Asian Century

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
... drivers are for future growth - growth in population, growth in middle class," said Chi Woo, the Sydney-based director of climate change and sustainability at KPMG. "At the same time, it reflects on the constraints to growth - some of them are environmental ...

Responsible investment in The Asian Century

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
... facing in Asia will affect institutional investor decisions," said Nathan Fabian, chief executive of the Investor Group on Climate Change. "While I don't think that the white paper draws a direct line from environmental challenges in the region and Australia's ...

Australian infrastructure underprepared for climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 OCT 2012  |  NEWS
Australia's infrastructure is not equipped to handle more frequent, extreme weather events and other impacts of climate change, with the electricity, road and rail and financial services sector underprepared, according to a report from The Climate Institute. ...

Trustees exposed to legal risk over climate change impacts

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
Superannuation fund trustees are exposed to legal risks in the event of financial losses caused by the impacts of climate change, according to a report from the Asset Owners Disclosure Project (AODP). While superannuation and pension funds have an understanding ...

New Forests issues second sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
... current process." New Forests also identified environmental and social risk factors as part of their strategy, including climate change and the increased likelihood of damaging, catastrophic weather events, "[g]rowing demand for palm oil, soy, beef ...

Kenyan bank endorses Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 OCT 2012  |  NEWS
... ecosystem services resulting from those assets. Ecosystem goods and services "constitute food, fiber, water, health, energy, climate security and other essential services for everyone," according to the declaration. National Australia Bank is one of ...

Bendigo Wealth to provide support to Cool Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
... maths and English resources to educate primary and secondary students about waste, water, biodiversity, energy use and climate change. The five year financial support is targeted at putting Cool Australia's materials in front of 50% of Australian schools ...

Kidney: Australia should look to fund NBN with green bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
... investors, with demand exceeding supply in a recent regional French environmental bond. Sean Kidney, executive chair of the Climate Bonds Initiative says that the investor interest in green bonds should spur the Australian government to consider selling ...