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.