Australia’s Sustainable Finance Strategy is a submission to Treasury’s consultation paper outlining the proposed strategy, and draws on CPD’s long history of work aligning financial systems with the reality of decarbonisation. The submission was authored by Toby Phillips and Mara Hammerle as part of the work of our Sustainable Economy Program.
Over the last decade CPD has made significant contributions to the way financial disclosures and public sector management can better work in tandem with Australia’s energy transition goals, as well as how economic institutions – such as the RBA and Future Fund – can more meaningfully integrate climate risk into their decision making.
Download the Australia’s Sustainable Finance Strategy submission to Treasury to read the full paper.
The submission makes a number of recommendations around how the government can improve transparency on climate and sustainability, build financial system capabilities and enhance their leadership and engagement in the sector.
Recommendations include:
CPD welcomed the publication of the Sustainable Finance Strategy consultation paper, acknowledging it as the culmination of many streams of work across Treasury and financial regulators, and representing a strong step towards positioning Australia as a sustainable finance leader across the board.
