71-80 of 140 results
Federal Budget 2021-22: 'Below baseline' crediting scheme to go ahead
The Federal Government has earmarked $280 million in its Budget 2021 for the roll-out of a 'below baseline' crediting scheme, which was a key recommendation of an expert review led by Grant King (King Review). Here we briefly considers what this means for large emitters. ...
Key developments for APRA-regulated entities in managing climate risks
Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...
EU carbon tariffs on the horizon – what Australian trading businesses need to know
The European Union's Parliament has adopted a resolution supporting the introduction of a Carbon Border Adjustment Mechanism (CBAM) to tax carbon emissions embedded in foreign imports entering the EU. The EP has resolved to implement by 2023 a regime that is compliant with World Trade Organization (WTO) rules. ...
Investor state arbitration and the environment: preparing for change in 2021 and beyond
The overlap between international investment and environmental protection is expanding, eg with environmental protection provisions featuring in recent International Investment Agreements (IIAs) and international Free Trade Agreements (FTAs), and environment-related investor-state disputes. ...
Targeting net zero: five steps for stronger climate governance, disclosure and compliance
The last few years have seen a dramatic expansion of governance and disclosure expectations in relation to climate change risks. Publicly listed companies need to establish robust governance and disclosure frameworks, and ensure those frameworks are supported by effective implementation and review ...
A growing tide? Climate change class action proceedings issued against the Federal Treasury
Australia is becoming front and centre as a forum for activist climate change litigation against corporates, financial institutions and government. We assess the significance of these proceedings and outline the key questions your organisation and its Board should be asking. ...
NT Government sets ambitious climate response and offset reform agenda
The Northern Territory Government's recently released Climate Response, associated Three-Year Action Plan and environmental offset reform agenda is ambitious, and all stakeholders in the Territory should be aware of the coming changes and related opportunities. ...
Targeting net zero: five ways to deliver on carbon reduction targets
As we move towards a carbon constrained future and electricity prices rise, companies are increasingly looking for ways to deliver on their carbon reduction commitments, including by purchasing electricity from renewable sources, managing their exposure to changing electricity prices and supporting ...
Targeting net zero: climate change is putting governance to the test
It is a financial imperative to actively navigate the risks and opportunities that the carbon transition presents. It follows, therefore, that corporate strategy in relation to climate risks and opportunities is no longer appropriately housed solely in Environmental, Social and Governance (ESG) or s ...
New dawn for environmental regulation in the Northern Territory
A new environmental protection regime in the Northern Territory will commence imminently. The Environment Protection Act 2019 and Environment Protection Regulations 2020 (NT) will commence on 28 June 2020. All operators and proponents should prepare for commencement of this new regime. In particular, proponents with projects currently being assessed under the Environmental Assessment Administrative Procedures 1984 should take advice regarding how their assessment will complete upon the commencement of the new regime. ...