This report examines the global reorientation in trade and investment that is underway in the transition to net zero emissions, and considers what these trends mean for Australia.

Tackling climate change will bring costs and benefits for Australia. In some sectors, the benefits will outweigh the costs. In others, big financial costs will remain even after our best cost-reduction efforts. This report finds that getting to net zero could be the biggest economic transformation Australia has seen outside of wartime.

This briefing argues that the Australian government will face growing pressure at the COP26 conference to not just increase its 2030 target, but act in good faith on other key negotiating priorities like markets, finance and adaptation.

The Morrison Government has released a ‘whole of economy plan’ to achieve net zero emissions by 2050. This paper focuses on the plausibility of the Morrison Government’s belief that the course of the Australian economy can be significantly altered without changes in policy, without the introduction of taxes and without the introduction of new regulation...

Throughout this report, the authors provide examples of how Australian businesses have developed a business case for adopting and implementing the science-based targets for net zero emissions.