Policy & Advocacy Working Group This collaborative group coordinates on government engagement and maintains oversight on the role of companies and industry associations in delivering constructive climate policy outcomes. Meetings are held every two months, with occasional ad-hoc briefings and discussions as needed. When drafting submissions or developing major research publications we consult with ad-hoc sub groups. Chair Erwin Jackson Managing Director, Policy About Erwin… Contact Bethany Richards Policy Junior Analyst About Bethany… Email Bethany Working Group Policy and Engagement Priorities We provide information to the working group on the current state of play of policy at a state, national, and international level. We welcome contributions from members who bring their expertise and perspectives to shape submissions and joint statements. These help form the policy to help accelerate Australia’s path to net-zero emissions. 2035 Emissions Target The target will be the biggest climate policy decision this term. It will be set by ambition for sector-by-sector policies. Consultation process underway with the Climate Change Authority (CCA). Disclosures Building parliamentary support for reform on climate disclosures and climate risk reporting. Current consultation process underway with Treasury Read our submission to the consultation process Sector Pathways Developing sector pathways, policies and goals to support investment in climate solutions across the economy. National Net Zero Authority Recently legislated following IGCC campaign, which included submission, peak bodies statement, national ad campaign, and significant direct engagement Includes $400 million to support investment in clean energy in regions IGCC will continue to engage while the Authority is set up and starts to operate. National Physical Risk Assessment Creation of policy briefs and thought leadership on climate divestment in high physical risk regions and sectors Current development of second assessment in line with 2024 National Adaptation Plan Latest Relevant News, Resources, and Events. Hunter businesses calling for a strong 2035 emissions reduction target 16 December 2024 Today, the Investor Group on Climate Change has released a joint statement with nine critical Hunter businesses and peak bodies calling on the Federal Parliament to commit to a strong 2035 emissions reduction target. Corporate EngagementDecarbonising the EconomyEnergyPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Levelling the playing field to support industry decarbonisation 3 December 2024 The Investor Group on Climate Change (IGCC) welcomes the opportunity to provide a submission on the findings of the Carbon Leakage Review, which assesses Australia’s carbon and investment leakage risks and presents different policy options to address them – including a Border Carbon Adjustment (BoCA). AustraliaPolicy & AdvocacyPolicy & Advocacy Working Group Statement on the Australian Sustainable Finance Taxonomy Briefing | IGCC/Lisa Caripis | November 2024 A summary of IGCC’s response to the ASFI consultationDownload AustraliaInvestor PracticeInvestor Practice Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Levelling the playing field to support industry decarbonisation Submission | Bethany Richards | 3 December 2024 While the Safeguard Mechanism continues to drive deeper emissions reductions, there will be a ‘green’ premium for some transformational technologies for some time. Ensuring that Australian industry has strong incentives to decarbonise on a level playing field with other jurisdictions is in the national interest. Download AustraliaDecarbonising the EconomyPolicy & AdvocacyPolicy & Advocacy Working Group $6.8 trillion GDP hit if renewable energy transition is delayed 2 December 2024 If Australia harness our sunlight and mineral resources, we could become a renewable energy superpower, sell clean products, like green iron, to the world and decarbonise around 10% of global emissions. Policy & AdvocacyPolicy & Advocacy Working Group