Australian Sustainable Finance Initiative
ASFI plots Australia’s path to zero emissions
The Australian Sustainable Finance Initiative roadmap, published on 24 November, puts forward a plan to align the Australian economy and financial system with outcomes that encourage sustainability, resilience and future prosperity. It sets ambitious targets, including some that stretch beyond federal government goals, and lays out a timeline for achieving them.
Mining sector gets its day in the sun
The mining sector has a critical role to play in supplying the raw materials needed for transition, as well as those that support global prosperity and growth. While it has often been overlooked in sustainable finance, work on the “green enabling” economy means the situation is changing – and Australia is at the forefront of this evolution.
'Nature next’ must become ‘nature now'
At a Sydney roundtable co-hosted by ANZ and KangaNews in October, experts from the worlds of finance, academia, consultants, conservation and First Nations people discussed nature issues, with a focus on the challenges of intersection.
Green RMBS on hold but pieces coming together
Decarbonisation of Australia’s housing sector has been slow to gather momentum and funding the process has made little impression on capital markets. But evolving standards, data availability and definitions may give mortgage lenders the tools they need to build a bigger green securitisation market.
Time for Australian sustainable finance to step up to the plate
Clearer policy direction, the development and implementation of a local taxonomy and mandatory climate reporting, and the impending inevitability of energy transition seem set to turbo charge the Australian sustainable finance market. Speakers at the KangaNews Sustainable Debt Summit in Sydney on 19 March discussed the economic and market impact of this inflection point.
Mandatory climate reporting puts business in the hot seat
Long-anticipated mandatory climate reporting for corporate Australia took a step closer to reality in January as the Australian government published its draft legislation for the forthcoming regime. Industry experts speak to KangaNews about what it means for businesses – and who will be ready for the task.
