Energy Transition Working Group We provide members with the space and strategic direction to influence government policy and regulation regarding renewable energy. The group’s goal is to help unlock policy settings that will give new renewables projects the appropriate scale and risk-return profiles for investors to confidently allocate capital. Factors will include the supply, demand and exit considerations that are impacting the transition to a zero-emissions electricity system and clean exports. The sub-group was spun out of the main policy and advocacy working group in June 2023 Chair Ian Leiblich Head of ESG, EG Contact Bethany Richards Policy Junior Analyst Email Bethany The Clean Energy Investment Landscape $52b Federal and State/Territory governments' allocation for the energy sector's transition $420b estimated private investment required to transition the National Electricity Market 6GW additional capacity required annually until 2035* *based on the least-cost national emissions pathway. Global Competition for Capital Our members are struggling to find Australian projects that meet the scale and risk-return profiles available in other markets. To help Australia become a more investable market we provide our members with a clear understanding of renewable energy supply-side opportunities across Federal and State/Territory jurisdictions. A Just Transition As we decarbonise our energy system, Australia has the opportunity to provide security for portfolios, communities and companies. This includes understanding Australia’s exposure, via the fossil fuel export industry, to global emissions-reduction efforts, and assisting emissions-intensive regions to diversify their economies. Our Areas of Focus Supply Investment opportunities may involve developing and integrating renewables into a dynamic grid and a coordinated approach to commissioning generators and batteries during the shift away from traditional constant supply. Demand Providing investors with ways to support efficient energy use, renewable energy certificates, and household energy upgrades. Exit Supporting a transition away from fossil fuels while maintaining energy supply and minimising transition risks in domestic electricity systems and global exports. Latest Energy Transition News, Resources, and Events Member Briefing: Future Gas Strategy This post is members-only. Please sign in to view details. Sign in Submission: Future Made in Australia Bill to accelerate the net zero transition 18 July 2024 Our members have identified climate change-related damages as one of the greatest risks to their ability to deliver strong returns for their members. They have also identified climate mitigation and adaptation as among the largest investment opportunities to deliver good risk adjusted returns over coming decades. AustraliaDecarbonising the EconomyEnergy Transition Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Future Made in Australia Bill to accelerate the net zero transition Submission | Bethany Richards | 18 July 2024 Recommendation 1. More clarity on how Community Benefit Principles will be measured when deciding whether to allocate financing. Recommendation 2: That regardless which body provides financing, Community Benefit Principles are required to be considered. Recommendation 3: That all projects receiving FMIA financing have access to the coordinating front door, connecting those executing the project with relevant entities for streamlining and innovation ecosystem development.Download AustraliaDecarbonising the EconomyEnergy Transition Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Investible Plan for Green Metals 18 July 2024 IGCC supports the Future Made in Australia agenda which the Government is consulting on, specifically in relation to green metals investment. AustraliaDecarbonising the EconomyEnergy Transition Working GroupMiningPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Investible Plan for Green Metals Submission | Bethany Richards | 18 July 2024 Key points: The Investor Group on Climate Change welcomes the opportunity to provide a submission on accelerating investment in green metals industries, as part of the Future Made in Australia agenda. This submission will highlight barriers and opportunities for investors, and for green metals industries. These include the following barriers: Green metals investments must offer the right risk-return profiles.Download AustraliaDecarbonising the EconomyEnergy Transition Working GroupMiningPolicy & AdvocacyPolicy & Advocacy Working Group