Submission on the proposed design of the Net Zero Fund to the Department of Industry, Science and Resources
The Department of Industry, Science and Resources (DISR) has consulted on the design of the Australian Government’s new $5 billion Net Zero Fund. Australia’s economic transition represents a moment of great opportunity.
Submission on climate-related transition planning guidance to the Australian Treasury
The Australian Treasury is developing guidance on best practices for climate-related transition planning, and has released a consultation paper inviting feedback on the direction and design of this guidance.
Submission on the Climate Change Authority’s 2024 Targets, Pathways and Progress Issues Paper
The Climate Change Authority (the Authority) is reviewing the potential technology transition and emission pathways that will best support Australia’s transition to net zero emissions by 2050 for six sectors: agriculture and land, built environment, electricity and energy, industry and waste, resources, and transport.
Submission on the Annual Superannuation Performance Test to the Australian Treasury
The Annual Superannuation Performance Test (the test) was introduced as one of four Your Future, Your Super measures. It was introduced to protect Australians’ retirement savings by holding trustees to account for the investment performance they deliver and the fees they charge to members. Treasury is canvassing a range of options for reforming the test, should the government decide to do so in the future.
Submission on climate-related financial disclosures to the Australian Accounting Standards Board
The Australian Accounting Standards Board (AASB) has released Exposure Draft ED SR1 Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information to propose climate-related financial disclosure requirements.
Submission on climate-related financial disclosure Exposure Draft legislation to Australian Treasury
Treasury sought views on the Exposure Draft legislation for climate-related financial disclosure. This consultation followed the government’s announcement of the final policy design for corporate climate-related financial disclosure requirements.
Making energy policy work in Indonesia: Bridging the gap between policy and practice
Indonesia serves as an interesting case study to explore energy transition challenges within the Association of Southeast Asian Nations (ASEAN). Within ASEAN, Indonesia has the largest territory, greatest potential renewable energy resources, highest Gross Domestic Product (GDP), and highest energy consumption, according to the International Energy Agency (IEA).
Submission to Treasury on the Australian Government’s Sustainable Finance Strategy
Treasury has sought feedback on its Sustainable Finance Strategy consultation paper [PDF], released in November 2023. Climateworks supports the development of the Strategy, with the aim of providing an ambitious and comprehensive framework for reducing barriers to investment in Australia’s pathway to net zero.
Submission to the Climate Change Authority’s consultation on setting, tracking and achieving Australia’s emissions reduction targets
Australia has major opportunities in a net zero global economy from its renewable energy and mineral resources. However, Australia’s current high emissions intensity means that there are many challenges to transform the economy and reach net zero emissions.