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Showing 231 - 240 of 1608 results for "government"

VC initiative to catalyse AgTech for climate solutions

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
The federal government is backing a commericalisation initiative that will identify and fund projects to enhance drought resilience in Australian agriculture. Beanstalk AgTech has received a $10 million grant to develop the Drought Venture Studio, which ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the exposure draft of legislation that would make financial disclosure of climate risk and opportunity ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... Australia's first carbon exchange in 2021, with ASX one of 27 to apply. "Demand for carbon credits continues to increase with government policy focused on emissions levels and corporates seeking to develop compliance measures and meet both regulated ...

Global economists identify key risks for the decade ahead

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... the Global Risks Perception Survey (GRPS), which brings together insights from more than 1500 academics, business and government leaders, international community groups and civil society. The report also draws information from over 11,000 corporate executives ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... include Swedish pension fund Andra AP-fonden; German pension group Bayerische Versorgungskammer, and the Australian Government's Clean Energy Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down emissions through ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... upgrades that would contribute to Australia's net zero goals. It is a companion report to two others aimed at federal government and local governments. As part of the 40 recommendations, the report proposes the creation of planning incentives such as ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... bank to court over allegations it failed to manage the material risks of climate change and biodiversity loss. #2: Government to fund sustainable finance taxonomy development April: Treasurer Jim Chalmers announced the government would co-fund the initial ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... Reporting Standards (ASRS) will become mandatory by 1 July, pending passage of not-yet-introduced legislation. The federal government has a tight timeline to meet to hit its deadline. Under the Corporations Act, the Australian Securities and Investments ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... targets. The closure of the TCFD does not change mandatory requirements with regard to TCFD disclosures. The Australian government is aiming to legislate mandatory climate disclosures for Australian companies from 2024. The new standards would apply ...