• 24 Apr 2013 8:00 PM | Andrew Cox (Administrator)

    The Investor Group on Climate Change, which represents institutional investors of over $900bn across the economy, welcomes the announcement of the investment mandate for the Clean Energy Finance Corporation.

    The Clean Energy Finance Corporation is one important element of a comprehensive climate policy framework, which includes a carbon price to drive low cost abatement; a Renewable Energy Target to support energy generation; and, financing vehicles that seek to attract private capital to low carbon investments and build capacity in investment markets.

    "Organisations like the CEFC can attract and support private sector interest in low carbon investment and address gaps in financial services markets," said Nathan Fabian, Chief Executive of the IGCC. “We think co-financing will quickly become a crucial part of the lowcarbon investment landscape.”

    Click here to download a copy of the media release
  • 22 Mar 2013 11:00 AM | IGCC Secretariat (Administrator)

    New IGCC reports by the Australian National University on the Mining and Minerals, Property and Construction and Oil and Gas sectors show increasing climate risks for investors. Reports also show that cost effective mitigation and adaptation opportunities are available.

    At the Conference of Major Superannuation Funds yesterday in Brisbane, IGCC launched three new reports examining climate change risks and opportunities for investors in Australian industry sectors.

    In a first for investors seeking to understand climate impacts, the reports combine comprehensive analysis of climate change risks and adaptation opportunities with energy and carbon risks and mitigation opportunities. The reports show that companies and their investors are already facing climate risks and that they will increase.

    Click here to download a copy of the media release
  • 21 Mar 2013 3:23 PM | IGCC Secretariat (Administrator)

    The Investor Group on Climate Change (IGCC) today welcomed the Federal Government's decision to maintain the Renewable Energy Target at current 2020 levels. Maintaining the RET will support investor confidence in Australia's renewable energy infrastructure.

    “Policy stability and predictability are key to maintaining investor confidence in renewable energy,” said Nathan Fabian, Chief Executive of the IGCC.

    IGCC also welcomes Federal Government support for a later review of the RET in 2016. Investors see every policy review as risking a change in policy direction, so clear Government support for the current RET policy.

    Click here to download a copy of the media release

  • 29 Jan 2013 9:00 AM | IGCC Secretariat (Administrator)

    The First Global Investor Forum on Climate Change on 13-14th June 2013 marks a historic moment in the growing efforts of the international investor community to address climate change. For the first time, members of the four international climate change investor groups, representing over US$20 trillion assets under management globally, will be present in one location, together with leading asset owners, insurance companies and institutional investors from across Asia.

    GIC consists of four members: the Asia Investor Group on Climate Change (AIGCC), the Investor Group on Climate Change (IGCC), the Institutional Investors Group on Climate Change (IIGCC) and the Investor Network on Climate Risk (INCR) representing Asia, Australia/New Zealand, Europe and North America respectively.

    Click here for more information
  • 19 Dec 2012 4:08 PM | IGCC Secretariat (Administrator)

    IGCC welcomes today's Climate Change Authority (CCA) Renewal Energy Target (RET) recommendations in favour of stability in Australia's low carbon policy regime.

    “A stable RET, as part of a stable climate policy environment, is critical to support the allocation of investment capital to Australia's low carbon economic transition,” said Mr. Nathan Fabian, Chief Executive of the IGCC.

    “By recommending maintenance of the 41,000 GWh large scale renewable target and reducing the frequency of future RET reviews, the CCA has avoided undermining the confidence of investors in the clean energy sector.”

    Click here to download a copy of the media release
  • 09 Dec 2012 11:30 AM | IGCC Secretariat (Administrator)

    The Investor Group on Climate Change (IGCC) today noted the outcomes from the Doha climate talks as the achievement of an important set of procedural objectives and a modest step towards a more ambitious international agreement in 2015.

    “While doing little to directly reduce climate risk to our investments, Doha’s modest outcomes are in line with investor expectations and support future international progress on climate change,” said Nathan Fabian, Chief Executive of the IGCC.

    “The Doha outcome confirms that Australia is on the right track with its domestic climate change regulations and that any retrograde changes would be out of step with international progress.”

    Click here to download a copy of the media release
  • 20 Nov 2012 6:00 PM | IGCC Secretariat (Administrator)

    Representing trillions in assets under management, global investor groups issue open letter to governments in wake of US President Obama’s re-election and Chinese leadership change London/New York/Hong Kong/Sydney, November 20th 2012

    Groups representing the world’s largest investors today published an open letter addressed to governments of the world’s largest economies calling for a new dialogue on climate change policy in order to avert dangerous climate change and its resulting economic impacts. The letter, announced ahead of international climate negotiations starting on 26th November in Doha calls for:

    • Clear, consistent and predictable policies that encourage low carbon investment; 
    • knowledge sharing between governments on effective climate and clean energy policies, building on successful existing national and regional measures; 
    • stronger international agreements that send clear market signals about the future of climate policy and reductions in greenhouse gas emissions
    Click here to download a copy of the press release
    Click here to download a copy of the letter
  • 28 Aug 2012 5:00 PM | IGCC Secretariat (Administrator)

    The Investor Group on Climate Change (IGCC) welcomed today's announcement by the Government of a link between Australia's emissions trading scheme and the European emissions trading scheme (EU ETS).

    Linking of the two carbon pricing schemes will create a more liquid market, will support price discovery and is expected to lower the cost of abatement in the long run.

    While the medium term price curve for local companies is now less certain due to the removal of a price floor, linking with the EU ETS will provide a more predictable, longer dated price curve, which is an important input for investment decision making.

    Click here to download a copy of the media release
  • 07 Aug 2012 11:26 AM | IGCC Secretariat (Administrator)
    How do you green Rio Tinto, one of Australia's largest industrial polluters? Katerina Kimmorley talks to Tom Burke of E3G.

  • 26 Jul 2012 3:30 PM | IGCC Secretariat (Administrator)
    Will China cause or save the rest of the world from catastrophic climate change? Katerina Kimmorley talks to Dr Cameron Hepburn, Senior Research Fellow at the Grantham Institute.

    05. The Upside – Dr Cameron Hepburn from Hunter Gatherer on Vimeo.

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