Australia’s climate policy framework has evolved rapidly, and is starting to form a system that gives financial institutions the clarity and confidence to back the transition. Our latest paper, How elements of Australia’s climate architecture combine to enable private capital flows for climate mitigation, maps how the key components fit together.

ASFI has responded to Treasury’s Draft Transition Planning Guidance, supporting clear and internationally aligned standards to help businesses develop credible transition plans. Our submission calls for stronger principles, clarity on government direction, use of the Australian taxonomy, funding disclosure, robust First Nations engagement, and clear guardrails on carbon credits.

ASFI’s submission highlights the importance of clear, Paris-aligned guidance for credible transition planning, recommending stronger safeguards on taxonomies and capital expenditure alignment to ensure finance supports genuine decarbonisation.