A Sustainable Finance Roadmap to unlock more private capital

Australian Treasury

The Albanese Government is releasing its Sustainable Finance Roadmap, which will help investors, companies and the broader community make the most of the global net zero transformation.

This Roadmap will help mobilise the significant private capital required for Australia to become a renewable energy superpower, modernise our financial markets and maximise the economic opportunities associated with net zero and our sustainability goals.

This is about creating well‑designed and well‑informed financial markets to help companies and investors make investments with confidence, better manage climate and sustainability risks, and help finance the transition to net zero.

The Roadmap outlines how Government, regulators and industry will work together to implement sustainable finance initiatives and reforms in a clear and coordinated way.

It is focused on improving transparency on climate and sustainability, financial system capabilities, and Australian Government leadership and engagement.

It builds on our corporate climate disclosure regime, which is supported by around 900 Australian companies and asset managers with more than $80 trillion under management.

The Roadmap sets out what’s needed to:

  • embed the Government’s mandatory corporate climate disclosure regime;
  • complete Australia’s Sustainable Finance Taxonomy;
  • develop product labelling requirements for investments marketed as sustainable, so investors can trust the sustainable finance products they are putting money into; and
  • develop a set of best practice guidelines to advise businesses on how to disclose their net zero transition plans.

The Roadmap identifies additional priorities to fast‑track the growth of our sustainable finance industry, including dealing with greenwashing, better understanding climate risks and opportunities, and improving access to climate and emissions data.

The Government has worked closely with stakeholders to refine its sustainable finance strategy and develop this Roadmap.

We will continue to engage widely as we put it into action, to help maximise the investment and economic opportunities of the net zero transformation.

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