Sustainable Finance Roadmap

A framework to align Australia’s financial system with sustainability goals

In November 2020, the Australian Sustainable Finance Roadmap was released to set out a bold plan to reshape Australia’s financial system, and support a thriving Australian society, healthy environment and a strong and prosperous economy.

The Roadmap sets out 37 recommendations to be delivered across the finance sector to realign Australia’s financial system with the goals of a resilient, inclusive and sustainable economy.Australia has demonstrated its commitment through ratification of the Paris Agreement on climate change, the adoption of the Sustainable Development Goals, as well as long-standing commitments to uphold UN human rights obligations and other relevant international conventions.

To deliver on these commitments while meeting the expectations of Australians now and into the future, we need a financial system that is aligned to these commitments.

Globally, momentum is building to better align finance with our sustainable development needs.

Countries and regions around the world are setting out Sustainable Finance Roadmaps that provide pathways and policy signals and set frameworks to enable the finance sector to contribute more systematically to the transition to a more resilient and sustainable economy, consistent with these global goals.

Our work is modelled on the work and progress internationally to align the finance sector with the goals of a resilient and sustainable economy, including the European Union’s High Level Expert Group on Sustainable Finance and the UK’s Green Finance Taskforce.