Report
Investing in Australia's vital regions
Investor perspectives on how to leverage private capital to transform Australia’s emissions-intensive regional economies and deliver a just transition
Publisher
Energy transition
Capital investments
Institutional investment
Governance of superannuation funds
Energy industries
Regional economics
Renewable energy
Australia
Description
This report is based on consultation with many of Australia's major superannuation funds and fund managers, and sets out recommendations for both investors and for policy-makers on how to support investment in:
- new green export industries,
- multi-user infrastructure to support new industry growth,
- decarbonisation of ongoing industries, like manufacturing and agriculture
- regional emissions-neutral sectors, like tourism, education and healthcare, and
- the necessary social infrastructure and services to support a thriving community around major industries.
Selected actions for policy-makers:
- Develop investment grade transition plans for emissions-intensive regions and priority industries. These must be co-designed with affected communities and workers.
- Ensure the new national Net Zero Authority acts as a ‘front door’ for investors with government, with information-sharing and convening functions.
- Support key foundations for business growth in the regions, including workforce planning, liveable regional communities, access to growth markets, and multi-user infrastructure
- Provide targeted financial support from public institutions like the CEFC, ARENA and the National Reconstruction Fund, that includes taking on higher risk, earlier stage investments in priority regions and industries.
Publication Details
Copyright:
Investor Group on Climate Change 2023
Access Rights Type:
open
Post date:
2 Nov 2023
