Australia is only funding one-tenth of its fair share of climate finance globally, according to a new Oxfam and ActionAid report which calls on the country to immediately increase its climate finance commitments from $400 million to $3 billion ahead of COP27 in November. 

Australia's Biggest Climate Polluter, AGL Energy, faces a fresh fight with its biggest shareholder, Mike Cannon-Brookes, after it short-listed Paula Dwyer as its next chair ahead of a major overhaul of its board and strategy.

Two former Pacific Island presidents have called out the Albanese government’s hopes to co-host a UN climate summit, questioning how serious the new Australian government is about tackling global warming when new coal and gas projects are allowed to be approved on its shores.

Responsible investing is on the rise, with more than $1.5 trillion of assets in Australia being managed according to ESG principles - up from $1.28 trillion in 2020. 

Coal is in permanent decline with Australia’s key allies turning to renewable energy and away from coal-fired power in response to the energy crisis and high prices, according to the independent Institute for Energy Economics and Financial Analysis.

One of Australia’s biggest super funds has warned electricity producers AGL and Origin and gas companies Santos and Woodside that it could dump their stocks unless the companies take serious steps to align their business plans with limiting global heating to 1.5 degrees Celcius.

Veteran economist Ross Garnaut says Australia is better placed than any other country to prosper from the global energy transition and used his keynote address at the jobs and skills summit to call for investment in renewables. 

New national emissions data for the March quarter reveals climate pollution rose by 1.5 per cent, yet again largely driven by transport, showing the need for a revved up commitment to fuel efficiency standards.

Australia’s Energy Market Operator has warned that NSW, SA and Victoria could struggle to keep the lights on unless there is a massive investment in power generation, storage and transmission over the next decade.

One hundred scientists and academics have penned an open letter, calling on the federal government to consider the emissions from new coal and gas projects in the assessment process.