Sustainable finance news
Sydney Metro City & Southwest to be offered to institutional investors under the NSW Sustainability Bond Programme
The Sydney Metro City & Southwest project has been added to the NSW Sustainability Bond Programme's eligibile asset pool, allowing insitutional investors acces the transformative rail project
Future Made in Australia legislation
The Future Made in Australia legislation has passed the House of Representatives. It aims at unlocking private sector investment to build a stronger, more diversified and more resilient economy powered by renewable energy that creates secure, well‑paid jobs around the country.
Sector Pathways Review
The Climate Change Authority has released its review of the potential technology transition and emissions pathways for the Australian Government to reach net zero emissions by 2050.
New laws to strengthen financial system and boost investment in cleaner, cheaper energy pass the Senate
The Commonwealth Government has passed legislation through the Senate that will help maximise the economic opportunities of cleaner, cheaper and more reliable energy and strengthen Australia’s financial system.
Updated Climate Change projections
The NSW Government has released updated Climate Change projections to help governments, agencies, businesses, landholders and communities plan and adapt to the future climate.
Annual environmental water priority statements for 2024-25
The NSW Government has released its annual environmental water priority statements for the 2024–25, with a focus on preserving critical habitats for native fish and water-dependent wildlife across the state.
Sustainability bond results
T-Corp has announced results from the increase of its 3.00% 20 February 2030, 2.50% 22 November 2032 Sustainability and 4.75% 20 September 2035 Sustainability bonds.
Guidelines to develop local disaster adaptation plans
Draft guidelines have been released to assist councils to develop localised Disaster Adaptation Plans (DAPs) that reduce the risk and impact of climate related hazards and help communities recover faster.
Commonwealth Sustainable Finance Roadmap
The Commonwealth Government has released its Sustainable Finance Roadmap, which will help investors, companies and the broader community make the most of the global net zero transformation.
Climate Change and Energy in the 2024-25 Budget
The NSW Government is building better communities by investing a total of $3.5 billion in Climate Change and Energy in the 2024-25 Budget to provide a reliable and secure energy system.
NSW Budget delivers road upgrades to support renewables boom
NSW Government has committed $128.5 million to upgrade roads from Newcastle to Dubbo for drivers and to allow for the transportation of components for renewable energy projects. This 2024-25 Budget investment will build better communities for NSW, by building better infrastructure and providing affordable renewable energy.
New legislation to strengthen financial system and boost investment in cleaner cheaper, energy
The Federal Government has introduced legislation to maximise the economic opportunities of cleaner, cheaper, and more reliable energy and strengthen Australia’s financial system. This includes implementing new mandatory climate reporting requirements for large companies.
Landmark environmental reforms pass NSW Parliament
The Environment Protection Legislation Amendment (Stronger Regulation and Penalties) Bill 2024 has passed the NSW Parliament. NSW now has the strongest environmental regulations of any state or territory in Australia.
Launch of a new Vehicle Emissions Star Rating website
The NSW Government has launched a new Vehicle Emissions Star Rating website to help vehicle buyers consider sustainability when making their next vehicle purchase.
Government and primary producers invest $23.8 million to cut carbon emissions
The Government has announced 6 partnerships totalling $23.8 million co-invested towards the implementation of the carbon reduction projects.
Review of the NSW Koala Strategy
The NSW Government has released a discussion paper seeking community input by the 26 April 2024 on the koala conservation actions being undertaken under the NSW Koala Strategy.
Net Zero Manufacturing Initiative
The NSW Government has announced $275 million in grants under the Net Zero Manufacturing Initiative to secure New South Wales as the place to develop and manufacture clean technology, and create new jobs in the process.
Renewable energy generation and storage program
As part of the Renewable Energy and Storage Program, WaterNSW has awarded a development agreement to Upper Hunter Hydro (UHH) to investigate two large pumped hydro projects, bringing forward private sector investment in pumped hydro schemes.
Managing the threat of natural disasters
The NSW Government released on 23 Feb 2024 the first State Disaster Mitigation Plan (SDMP) to provide guidance about the mitigation of disasters across NSW.
NSW-Tokyo agreement to accelerate clean economy
Bilateral opportunities between NSW and Tokyo to accelerate the clean economy have been strengthened with the signing of two significant Memoranda of Understanding (MoU).
Sustainability bond issuance
T-Corp has issued a new A$1.7 billion 4.75% 20 September 2035 Sustainability bond.
Actions delivered under the Social Impact Investment Policy
The Office of Social Impact Investment has reported on the progress and actions delivered under the Social Impact Investment Policy (2022-2025).
Accelerating the transition to electric vehicles
The NSW Government is funding the electrification of fleets and the installation of more fast and ultra-fast charging infrastructure.
Climate Change Bill passes Parliament with broad support
The NSW Government landmark Climate Change (Net Zero Future) Bill has passed Parliament. The Bill legislates ambitious emissions reduction targets and sets up a strong and independent Net Zero Commission to keep this government and future governments on track to Net Zero by 2050.
Minimum energy and water efficiency for commercial buildings
From 1 October 2023, all large commercial developments in NSW will be required to commit to obtaining a minimum NABERS Energy and Water star rating.
Adaptation funding for local communities
NSW Government commits $50 million for Central West flood recovery to make homes more resilient to future climate events.
Commonwealth Sustainable Finance Strategy
The Federal Government has released a consultation paper on its Sustainable Finance Strategy, which will help Australian companies, investors and the Australian community make the most of the energy and net zero transformation, and help Australia realise its ambition to become a renewable energy superpower.