Policy & Advocacy IGCC is the investment community’s authoritative voice on climate change. Our policy positions are created through thought leadership, extensive member consultation and research based on the latest science. IGCC then advocates for these policies by engaging with relevant decision-makers across Parliament, government departments, media and other key stakeholders. We publish thought-leading resources based on exclusive research and our unique position in a network of investors, analysts, academic researchers and policy-makers. Download IGCC’s Policy Positions 2022-2025 (pdf). Our People Erwin Jackson, Managing Director, Policy Michael Bones, Manager, Advocacy Kate Simmonds, Physical Risk & Resilience Advisor Bethany Richards, Junior Policy Manager Emerging Policy Issues 2035 Emissions Target The 2035 target will be the biggest climate policy decision this political term, set by the ambition for sector-by-sector policies, including clean energy targets and Safeguard Mechanism baselines. Clean Energy Transition Australia has an opportunity for an increase in capital investment in clean energy, incentivised by programs like the Capacity Investment Scheme, and in a global market invigorated by the USA’s climate package, the Inflation Reduction Act, Europe’s Green Deal, and others. Physical Risk Physical risk poses a greater impact than transition risk due to hard adaptation limits and higher levels of uncertainty. It will affect all industries and requires place-based solutions with national coordination for effective implementation. Disclosures Building Parliamentary support for reform on climate disclosures and working alongside other peak bodies to achieve major consensus. Parliamentary Engagements The Investor Group on Climate Change has deep relationships with key decision makers. We engage across parliament to advocate for policy that avoids systemic climate risks and unlock substantial investment in a clean economy. Regular Engagements As a bipartisan organisation, we engage regularly with ministers, opposition, and the crossbench. Canberra Roadshow In March 2023, we took six senior investment professionals to Canberra, arranging meetings with the Treasurer, Climate Change and Energy Ministers, Opposition, Department Secretaries, and senior media. Roundtable Discussion We organise high level roundtable events between representatives of some of the country’s largest investors and the Treasurer and key ministers. Working Groups Where we share information, build capacity, and work on collaborative projects with members. Policy & Advocacy Chair: Erwin Jackson Managing Director, Policy, IGCC Coordinates government engagement and maintains oversight on the role companies and industry associations play in delivering constructive climate policy outcomes. Read more… Energy Transition Subgroup Chair: Ian Leiblich Head of ESG, EG Develops effective energy transition policy required to achieve net zero emissions, including in response to the latest Capacity Investment Scheme. Read more… Good energy policy is key to good economic policy. We need groups like the IGCC to continue making the case to all Australians that good climate policy is good for investment and good for jobs. – Chris Bowen MP Minister for Climate Change & Energy IGCC Summit June 2022 Latest Policy & Advocacy News, Resources, and Events Submission: Energy and Electricity Sector Plan to shape clean economy Submission | Bethany Richards | 24 April 2024 IGCC has long advocated for detailed sector by sector decarbonisation plans to support a least cost transition to net zero emissions. IGCC understands that these Sector Plans come at a time where a new 2035 Nationally Determined Contribution (NDC) will be set under the Paris Agreement. IGCC encourages the GovernmentDownload AustraliaDecarbonising the EconomyEnergyEnergy Transition Working GroupJust TransitionPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Energy and Electricity Sector Plan to shape clean economy 24 April 2024 IGCC welcomes the release of the Electricity and Energy Sector Plan Discussion Paper and recognises it as an opportunity to shape a decarbonised economy for Australia, which necessitates a clean, renewable energy supply for the economy, homes, communities and industries. AustraliaDecarbonising the EconomyEnergyEnergy Transition Working GroupJust TransitionPolicy & AdvocacyPolicy & Advocacy Working Group 15 Peak Industry Groups Support Mandatory Disclosures 22 April 2024 IGCC has been a long-time supporter of mandatory climate disclosures. AustraliaCorporate EngagementGovernance & DisclosurePolicy & AdvocacyPolicy & Advocacy Working Group Submission: National Adaptation Plan to manage physical risks for economy Submission | Kate Simmonds | 17 April 2024 The first National Adaptation Plan provides is an important opportunity to do this and should consider: Including a co-developed private finance strategy and plan. Aligning adaptation across government climate change activities. Facilitating public-private partnerships and developing frameworks to manage complex adaptation challenges. Developing and co-funding case studies for best practice Download Physical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Submission: National Adaptation Plan to manage physical risks for economy 17 April 2024 For institutional investors, adaptation is both a systemic risk and an opportunity. However, for private investment to be directed towards adaptation, there are significant barriers that must be addressed. AustraliaPhysical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group