Our work

Last week’s announcement by AusSuper, Australia’s biggest super fund with over $300bn in assets under management, that it will dramatically upscale its investments offshore, including A$15.5bn into large-scale, long-term energy transition opportunities in the UK, should be a wake-up call to Australian energy policymakers. Read more

Here we go again – the latest salvo from the climate laggards of the National Party designed to disrupt and delay Australia’s accelerating clean energy revolution. This time, it is couched in the tactically crafty but deeply cynical and flawed view that distributed renewables – minus utility-scale – are the solution to electricity grid decarbonisation. Read more

A full overview of our work and impacts across our program areas for the 6 months July-Dec 2023 Read more

The world is in a technology, trade and finance race as the energy transition takes hold and we grapple with the growing impacts of climate change and climate risk. Australia has one of the biggest investment, employment, and net export opportunities this century, but only if we proactively build a strategic national response proportional to the investment opportunity. In our submission with Climate Capital Forum, we call for a major public policy shift, at scale, to set the right market signals and strategically leverage the national balance sheet, and selectively provide public budget support to unlock and crowd-in private capital. Read more

Australia’s transition to net zero will require a significant amount of private and public investment. It is important that financial markets are well placed to finance this transition and therefore support the Government’s emissions reductions target. To assist this financing, the Government has proposed an ambitious and comprehensive Sustainable Finance Strategy. The Strategy will help mobilise the private investment needed in coming decades, enable Australian firms to access the capital needed to finance their own transitions and take advantage of new opportunities that arise, and ensure that the financial opportunities and risks presented by climate change are identified and well managed. The Strategy also recognises that markets are increasingly focussed on sustainability issues that extend beyond climate change. Read more

Founder of the Climate Capital Forum and one of The Australian’s Top 100 Green Energy Players Blair Palese says we need a new playbook for the decarbonising ballgame. A massive national strategic capital public investment program that establishes Australia as a zero-emissions trade and investment leader is required. Read more

Tim Buckley’s presentation to the ANU’s Rare Earth Conference Read more

We welcome and applaud the Treasurer’s focus today on 4 key industry and economic opportunities, which reflect the key priorities CEF and its partners have identified: refining and processing critical minerals; supporting manufacturing of generation and storage technologies, including batteries; producing renewable hydrogen and its derivatives like ammonia; and forging green metals including green iron. We need to see further details, but the Treasurer’s assertion that $225bn capital investment is needed by 2050 is too low by orders of magnitude, this timeframe is too late, and it reveals a too-cautious federal policy mindset that risks forgoing Australia’s opportunity to position itself as a leader in global cleantech supply chains as the world moves at breakneck speed to decarbonise. Read more

Modernising the nation’s $10tn housing stock promises to ease cost of living pressures, improve the health and comfort of homes, whilst helping to solve climate change. Australian banks are the main entry point to financing home energy performance upgrades. With a combined 46% mortgage market share, CBA and Westpac have powerful levers to help transform and decarbonise the sector. Read more

The $2bn top up for the federal Critical Minerals Facility pledged by Prime Minister Anthony Albanese during his state visit to the US this week is an entirely insufficient response to the US$1 trillion industrial and energy stimulus of the Inflation Reduction Act (IRA). The IRA is the biggest commitment of public funding in US history – and the single biggest opportunity for Australia this generation. Here’s why. Read more

Tim Buckley’s presentation for the Investment Innovation Institute on the global energy transition: how China leads the world in the global technology and investment race, how the US IRA changes everything; Australia’s Critical Minerals Strategy and how we can embody decarbonisation in our exports; and stockmarket examples of energy transition. Read more

CEF’s Tim Buckley, Matt Pollard and Xuyang Dong present to the Asia Investor Group on Climate Change on the global decarbonisation investment race and Australia’s opportunity to position itself as a zero-emissions trade and investment powerhouse as China leads the world on energy transition and the US IRA triggers a race to the top. Read more