Sustainable finance news

The Climate Change Authority has released its annual assessment of Australia's progress on reducing emissions to meet the national 2030 target.

The NSW Government has awarded more than $1 million in grants to support ground breaking early-stage projects focused on reducing carbon emissions through electrification.

TCorp has acquired an interest in leading international maritime operator, Cyan Renewables. Cyan Renewables is committed to supporting the energy transition and advancing the global offshore wind industry.

The NSW Government has released a Renewable Energy Planning Framework to promote faster planning decisions, provide investment certainty, and boost economic benefits for regional communities. 

The NSW Government has released a new incentive to make battery storage more affordable. Eligible residents can receive a discount on the upfront installation to maximise use of generated solar energy, lower bills and enhance grid stability. 

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

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.

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.

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.

The NSW Government has released updated Climate Change projections to help governments, agencies, businesses, landholders and communities plan and adapt to the future climate. 

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. 

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. 

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.

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. 

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 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.

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.

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.

The NSW Government has launched a new Vehicle Emissions Star Rating website to help vehicle buyers consider sustainability when making their next vehicle purchase.

The Government has announced 6 partnerships totalling $23.8 million co-invested towards the implementation of the carbon reduction projects.

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.

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.

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.

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.

Bilateral opportunities between NSW and Tokyo to accelerate the clean economy have been strengthened with the signing of two significant Memoranda of Understanding (MoU).

T-Corp has issued a new A$1.7 billion 4.75% 20 September 2035 Sustainability bond.

The Office of Social Impact Investment has reported on the progress and actions delivered under the Social Impact Investment Policy (2022-2025).

The NSW Government is funding the electrification of fleets and the installation of more fast and ultra-fast charging infrastructure.

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.

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.

NSW Government commits $50 million for Central West flood recovery to make homes more resilient to future climate events.

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.