The Investor Group on Climate Change, (IGCC) whose members have more than $3 TRILLION in Australian funds under management, have announced the high priority policies that can unlock capital for Australia’s transition to net zero with a 75% reduction proposed by 2035. Climate risks and opportunities have become mainstream considerations in global capital markets. Now, trustees are focusing on how to invest in emissions-reducing assets, and how to protect long-term returns from the physical impacts of climate change.
As well as targeting 75% emissions reduction, the IGCC proposes the establishment of a National Transition Authority
Full Report available: https://igcc.org.au/wp-content/uploads/2022/09/IGCC-Policy-2025-PrioritiesWeb.pdf