Australians are facing risks of damaging climate change. Without strong and early action by Australia and all major economies we are likely to face severe and costly impacts on Australia’s prosperity and enjoyment of life, according to the Garnaut Climate Change Review’s Draft Report, released on 4 July.

The Garnaut Climate Change Review has been commissioned by Australia's Commonwealth, state and territory governments to examine the impacts, challenges and opportunities of climate change for Australia. A Draft Report was released on 4 July 2008, and the Final Report is due by 30 September 2008. A Supplementary Draft Report will also be released in late August 2008.

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