Climate Active is an ongoing partnership between the Australian Government and Australian businesses to drive voluntary climate action. The brand represents Australia’s collective effort to measure, reduce, and offset carbon emissions to lessen our negative impact on the environment.
Climate Active certification reflects the role that government, business and community have to play in working together to address climate change.
The purpose of this policy is to outline the agency’s approach to handling Complaints. The policy and its associated processes have been developed to complement existing client service processes, meet the expectations of clients, stakeholders and the Commonwealth Ombudsman, and align with the Government’s Regulator Performance Guide.
The policy supports a culture of openness to feedback from our clients and stakeholders by actively providing transparent and accessible feedback management processes.
The Clean Energy Regulator administers national carbon markets for:
The ACCU Scheme offers landholders, communities and businesses the opportunity to run projects in Australia that avoid the release of greenhouse gas emissions or remove and sequester carbon from the atmosphere. It is enacted through the Carbon Credits (Carbon Farming Initiative) Act 2011 and the Carbon Credits (Carbon Farming Initiative) Rule 2015.
During 2021, the FSB Board oversaw climate risk management and its potential to influence and inform corporate strategy and decision making. The Board is supported by the Safety, Security and Sustainability Committee (SSS) which met quarterly this year. This Board Committee has oversight of environmental and sustainability matters. The SSS Charter outlines its roles and responsibilities and includes climate change. The SSS receives briefings on the outcomes of the climate risk assessment and adaptation planning.
The government entities may consider the following for utilization of proceeds from asset recycling:
Re-investment of proceeds in greenfield assets.
Re-payment of existing debt relating to the asset that is the subject of the asset recycling transaction (this would usually be a pre-condition of the lenders, unless the current lenders agree to continue their exposure to the project even after the private party takes over operations and maintenance of the project).
According to the Global Infrastructure Hub, the global infrastructure investment needs across 50 countries and seven sectors from 2016 to 2040 will reach $94 trillion.1 In Asia alone, infrastructure investment needs from 2016 to 2030 are estimated at $26 trillion, or $1.7 trillion per year, for the region to maintain its pace of development according to a recent report from the Asian Development Bank (ADB).
Governments around the world are increasingly looking at improving the quality of infrastructure and delivering improved services to the community. Infrastructure investment is crucial to the on-going economic prosperity and development of any country. For most countries, to meet the substantial infrastructure investment capital needed to fund an infrastructure program, there is a need to unlock multiple sources of funding to ensure that current developmental momentum can be sustained.
Protecting electricity retailers against price volatility: The Electricity Tariff Equalization Fund in New South Wales
Author: Michel Kerf and Eric Groom
VIC-GPB. 2016. “Victorian Government Purchasing Board website.” Melbourne, Australia: State of Victoria, Department of Treasury and Finance. [#4182]