Climate Capital Forum


The Climate Capital Forum was established to keep Australia in the game as we race to Net Zero, plotting Australian renewable energy investment on a strategic course to decarbonise our economy. Taking an empirical approach to Australia’s renewable energy investment environment, providing advice to departments and leaders – helping Australia to realise its potential as a renewable energy and critical minerals superpower.
The Climate Capital Forum discussion paper lays out 10 short term actions, and 8 fundamnetal reforms for the Australian government to take. Including reforming safeguard mechanisms, setting at least a 75% emissions reduction target by 2035, adopt recommendations by Chubb Review... Revise Future Fund's investment mandate, ensures energy transition in "nature positive", set clear timeline for phasing out government fossil fuel subsidies etc. (Source https://smartenergy.org.au/climate-capital-forum/)

About

CLIMATE CAPITAL FORUM
Australian impact investors, businesses, philanthropists, think tanks, renewable energy industry and climate NGOs launch a blueprint for Australia’s reindustrialised renewables-led future. The Climate Capital Forum was established to keep Australia in the game as we race to Net Zero, plotting Australian renewable energy investment on a strategic course to decarbonise our economy. Taking an empirical approach to Australia’s renewable energy investment environment, providing advice to departments and leaders – helping Australia to realise its potential as a renewable energy and critical minerals superpower. …. The impact of climate change is the greatest threat to the Australian economy but the response to tackling the issue also provides one of the greatest opportunities for economic, export and employment growth Australia has ever seen.

Australia can, and must, have both a strong economy and a safe climate. We can do so by championing the opportunities of the global effort to decarbonise.

With these challenges in mind, a community of climate-focused financial experts, investors, philanthropists, industry bodies and non-government organisations – now the Climate Capital Forum – met in late 2022 in Sydney to discuss ideas to encourage businesses and government to prioritise long-term strategic investment in projects that will rapidly decarbonise the Australian economy and set our country up to be the regional centre for smart energy and zero carbon industries. In this document we have outlined our collective recommendations on how Australia can leverage our own decarbonising and help drive the global move to renewable energy and energy storage as a vehicle to build our future economy.

Note: This descriptive text was copied from the Campaign's website. Some website links may no longer be active.


Campaign Details

Group Leading this Campaign: Smart Energy Council

Campaign Target Type:

Who this Campaign is Targeting: Australian Government

Main Issue of the Campaign:

Campaign Ran From: 2023 to 2023

Campaign Outcome:

Outcome Evidence: Outcome not yet successful - they list 18 recommendations in total for the Australian government.

Year Outcome Assessed:

Geographic Range of Activity:


Weblinks

Climate Capital Forum