In Australia and around the world, businesses, investors and policymakers are responding rapidly as sustainability-related opportunities and risks reshape financial markets, economies and societies.
The Australian Government is committed to progressing a comprehensive sustainable finance agenda aimed at unlocking the private capital flows needed for Australia’s net zero transformation.
Sustainable Finance Strategy
In December 2022, the government announced it would pursue a coordinated and ambitious sustainable finance agenda under a new Sustainable Finance Strategy.
The strategy supports Australia’s pathway to net zero, by providing an ambitious and comprehensive framework for reducing barriers to investment into sustainable activities.
Consultation
On 2 November 2023, the government released the Sustainable Finance Strategy paper for a 4-week consultation.
View the Sustainable Finance Strategy consultation
Roadmap
On 19 June 2024, the Australian Government released the Sustainable Finance Roadmap. It sets out the vision for implementing sustainable finance reforms and related measures.
The Roadmap responds to feedback from consultation on the strategy.
View the Sustainable Finance Roadmap
Media releases
- 19 June 2024 – A Sustainable Finance Roadmap to unlock more private capital
- 4 June 2024 – Issuance of inaugural Australian green bond
- 27 March 2024 – New legislation to strengthen financial system and boost investment in cleaner, cheaper energy
- 2 November 2023 – New steps on the Albanese Government’s sustainable finance strategy
- 12 December 2022 – More transparency and more investment in cleaner and cheaper energy
Related processes
- Green Bond program
- Climate-related financial disclosure: exposure draft legislation – January 2024
- Climate-related financial disclosure: Second consultation – July 2023
- Climate-related financial disclosure: First consultation – December 2022
- AUASB – Consultation Paper on Assurance over Climate and Other Sustainability Information – April 2024 (reissued from March 2024)
- AASB – Exposure Draft Consultation ED SR1 Australian Sustainability Reporting Standards – October 2023