Search Results

Showing 1 - 10 of 100+ results for "Australian Government"

APRA releases guidance on climate change risk

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
The Australian Prudential Regulation Authority (APRA) has released its final prudential practice guide on climate change financial risks. Noting that climate risks extend to all sectors of the economy, APRA noted in Prudential Practice Guide CPG 229 ...

Australian government "faffing about" on climate

RACHEL ALEMBAKIS  |  TUESDAY, 16 NOV 2021  |  NEWS
Australia is a "non-event" for institutional investors when it comes to investing in renewable energy and decarbonisation, according to Quinbrook Infrastructure Partners co-founder and managing partner David Scaysbrook. As COP26 came to a close on the ...

CEFC makes $25m allocation to Orica to manage nitrous oxide

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 NOV 2021  |  NEWS
... can complement profitability. The project is commercially underpinned by carbon credit contracts with the Australian government, further catalysing investment in sustainability outcomes." Tertiary nitrous oxide abatement technology will be installed ...

Fiji, Australia sign Indo-Pacific Carbon Offsets Scheme deal at COP26

RACHEL ALEMBAKIS  |  TUESDAY, 2 NOV 2021  |  NEWS
... Reduction Fund. Its aim is to develop a high-integrity carbon offset scheme in the Indo-Pacific region. The Australian government is investing an additional $44 million, on top of the $59.9 million originally invested into the scheme, taking the total ...

COP26 preview: reporting, carbon markets and role of finance

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
... multi-billion-dollar voluntary carbon market may say Brazil is just too hard and move on without them." CMI noted that the Australian government recently committed $59.9 million to developing a high-integrity carbon offset scheme in the Indo-Pacific ...

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," ...
PREVIOUS
NEXT