Sustainable finance news
New tool to support transparent consideration of climate change in planning decisions of large-emitting projects
30 January 2025
The NSW Environment Protection Authority (EPA) has released its finalised NSW Guide for Large Emitters, to clarify requirements for large-emitting projects and support transparent consideration of climate change in planning decisions.
Announcement of $2 billion in funding to support Australian smelters to produce green aluminium
21 January 2025
The Australian Government is investing $2 billion to support Australian smelters to produce green aluminium.
T-Corp increased Sustainability bond by A$ 1.5B
15 January 2025
T-Corp has increased the 4.75% 20 Septermber 2035 Sustainability bond by A$1.5 billion at a yield of 5.425%.
Australia’s First Biennial Transparency Report submitted
13 January 2025
Australia submitted on 19 December 2024 its first Biennial Transparency Report (BTR), a new requirement under the Paris Agreement. The report reaffirms Australia's commitment to global transparency and climate action.
20 December 2024
The NSW Government has made another big investment in a more sustainable transport future by ordering 319 battery electric buses as part of Transport for NSW’s Zero Emission Buses (ZEB) Program.
17 December 2024
The Energy Corporation of NSW (EnergyCo) has signed a commitment deed with Ausgrid to deliver the network infrastructure needed for the Hunter-Central Coast Renewable Energy Zone (REZ).
6 December 2024
The Australian Government has released the first-ever First Nations Clean Energy Strategy, which was developed with First Nations peoples across the country to ensures their voices and expertise are at the centre of Australia’s energy future.
Northern Rivers resilient homes program boosted to $880 million
2 December 2024
More homes in the Northern Rivers will be prioritised for buyback and upgrades following announcement by the Australian Government of a further $90 million for the Resilient Homes Program (RHP) bringing the total program value to $880 million.
2024 Net Zero Commission Annual Report
29 November 2024
The Net Zero Commission has published its first Annual Report, which provides its initial assessment of the progress being made by NSW Government towards meeting its legislated emissions reduction targets and adaptation objective.
Future Made in Australia legislation passes the Senate
29 November 2024
The Future Made in Australia legislation has passed Parliament, a major step forward in positioning Australia as a key player in the global net zero transformation. This will help ensure Australia maximises the economic and industrial opportunities of the energy transition.
EnergyCo Annual Report
28 November 2024
EnergyCo has published its Annual Report, highlighting key activities and achievements to transform the NSW electricity system for energy consumers, industry and communities.
Climate Change Authority Annual Progress Report
28 November 2024
The Climate Change Authority has released its annual assessment of Australia's progress on reducing emissions to meet the national 2030 target.
Grants awarded for electrification projects
22 November 2024
The NSW Government has awarded more than $1 million in grants to support groundbreaking early-stage projects focused on reducing carbon emissions through electrification.
Investment in Cyan Renewables
13 November 2024
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.
Renewable Energy Planning Framework
12 November 2024
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.
Household battery incentives
1 November 2024
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.
Sydney Metro City & Southwest to be offered to institutional investors under the NSW Sustainability Bond Programme
9 October 2024
The Sydney Metro City & Southwest project has been added to the NSW Sustainability Bond Programme's eligibile asset pool, allowing insitutional investors access the transformative rail project.
Future Made in Australia legislation passes the House of Representatives
9 September 2024
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.
Sector Pathways Review
5 September 2024
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.
New laws to strengthen financial system and boost investment in cleaner, cheaper energy pass the Senate
22 August 2024
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.
Updated Climate Change projections
20 August 2024
The NSW Government has released updated Climate Change projections to help governments, agencies, businesses, landholders and communities plan and adapt to the future climate.
Annual environmental water priority statements for 2024-25
1 August 2024
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.
Sustainability bond results
10 July 2024
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.
Guidelines to develop local disaster adaptation plans
1 July 2024
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.
Commonwealth Sustainable Finance Roadmap
19 June 2024
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.
Climate Change and Energy in the 2024-25 Budget
18 June 2024
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 Budget delivers road upgrades to support renewables boom
18 June 2024
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.
New legislation to strengthen financial system and boost investment in cleaner cheaper, energy
27 March 2024
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.
Landmark environmental reforms pass NSW Parliament
21 March 2024
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.
Launch of a new Vehicle Emissions Star Rating website
13 March 2024
The NSW Government has launched a new Vehicle Emissions Star Rating website to help vehicle buyers consider sustainability when making their next vehicle purchase.
Government and primary producers invest $23.8 million to cut carbon emissions
7 March 2024
The Government has announced 6 partnerships totalling $23.8 million co-invested towards the implementation of the carbon reduction projects.
Review of the NSW Koala Strategy
29 February 2024
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.
Renewable energy and storage program
26 February 2024
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.
Net Zero Manufacturing Initiative
26 February 2024
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.
Managing the threat of natural disasters
23 February 2024
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.
NSW-Tokyo agreement to accelerate clean economy
6 February 2024
Bilateral opportunities between NSW and Tokyo to accelerate the clean economy have been strengthened with the signing of two significant Memoranda of Understanding (MoU).
Sustainability bond issuance
17 January 2024
T-Corp has issued a new A$1.7 billion 4.75% 20 September 2035 Sustainability bond.
Actions delivered under the Social Impact Investment Policy
21 December 2023
The Office of Social Impact Investment has reported on the progress and actions delivered under the Social Impact Investment Policy (2022-2025).
Accelerating the transition to electric vehicles
2 December 2023
The NSW Government is funding the electrification of fleets and the installation of more fast and ultra-fast charging infrastructure.
Climate Change Bill passes Parliament with broad support
30 November 2023
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.
Minimum energy and water efficiency for commercial buildings
8 November 2023
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.
Commonwealth Sustainable Finance Strategy
2 November 2023
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.
Adaptation funding for local communities
31 October 2023
NSW Government commits $50 million for Central West flood recovery to make homes more resilient to future climate events.
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