Investors welcome release of Climate Change Authority Climate Policy Toolkit

19 March 2020

The Investor Group on Climate Change (IGCC) welcomes the release of the Climate Change Authority’s Climate Policy Toolkit for Australia, with a strong focus on creating investable policies which support the transition to a net zero emissions economy by 2050.

In response to the release of the report, IGCC Chief Executive Officer, Emma Herd, said:

“Large institutional investors understand the systemic risk climate change poses to long-term sustainable returns and our economy as a whole. Investors expect policymakers to work towards mitigating economic risks from climate change by ensuring a smooth transition to net-zero emissions by 2050.

“In updating its policy recommendations for the Australian Government, the Climate Change Authority has put forward a number of welcome proposals that recognises the critical role of investors in the zero-emissions transition.