A growing number of institutional investors want the Federal government to set a 2035 emissions reduction target of 75%, according to an analysis of Australia’s $2.1 trillion funds management sector.
An Australian start-up exploring technology to radically reduce methane emissions in agriculture has secured financial support from Bill Gates-founded climate investment firm, Breakthrough Energy Ventures (BEV).
Chairmen of three of the big four Australian banks told shareholders this week that it would be irresponsible to hastily cease funding fossil fuel companies and large emitters, and against the best interests of society and the banks’ shareholders.