Recently, foreign direct investment (FDI) in renewable energy has been on a rising trend, while FDI activity in fossil fuels has started showing some signs of a possible slowdown. Although the changing geopolitical context might have implications for the development of these trends, the findings presented in this working paper suggest that renewable FDI is...

Climate policy has entered a new era, as public investment increasingly moves to centre stage. While essential for decarbonisation, public investment is not enough—the carrots of investment need to go hand in hand with regulatory sticks. This paper advances our understanding of how to tie climate requirements to public investment.

This report asserts that an embedded (or embodied) carbon ‘base case’ should be included in all business cases for infrastructure projects and programs in Australia over $100 million in capital cost.

This is the Climate Change Commission’s first advice to the Minister of Climate Change on updating the New Zealand ETS unit limits and price control settings. It has been developed in line with the intent of the government’s emissions budgets and its emissions reduction plan, and taking into account evidence about the emissions prices needed...

This paper argues that the incoming Albanese Government’s 'Powering Australia' plan outlines a path forward to greater climate ambition and emissions reduction for Australia. However, to truly end the 'climate wars' and overcome the political shortsightedness that has paralysed Australian climate policy for over a decade, the federal government and this Parliament must do more.