We bring together leading thinkers and key policy makers to address critical issues on decarbonisation and support efforts at all levels of government to build a strong future economy.
The world is currently in a technology, trade and finance race as the global energy transition takes
hold and we grapple with the growing impacts of climate change and climate risk.
When the United States introduced the Inflation Reduction Act (IRA) in August 2022 it set off a race for investment funding across the globe and shifted the economic paradigm.
For Australia, this is one of the biggest investment, employment, and net export opportunities this
century. There is no more free market in the race to decarbonise and Australia must respond with what works best here: smart incentives such as tax credits for advanced manufacturing, new strategic funding for investments in the national interest such as equity in emerging Australian mining developments, local content requirements to spur domestic sectors, and regulating where out-of-date structures hold us back.
A major public policy shift is required, at scale, to attract investment needed to crowd in private capital and enable large-scale investment that ensures Australia seizes the economic and employment opportunities from being a renewable energy and critical minerals superpower.
Making those investments now would set the right market signals while also strategically leveraging the national balance sheet to provide confidence to investors.
Climate Capital Forum is supported and hosted by our partner, independent public interest think tank, Climate Energy Finance. Read more about their important work here: Climate Energy Finance
Budget delivers ambitious support for Australia’s decarbonising future but a clear fossil free vision is still wanting
“The real budget news, beyond the tax cuts, energy bill rebates, rent assistance and surplus headline grabbers, is the highly ambitious funding to deliver its Future Made in Australia plan,” said Forum Founder Blair Palese. “This funding will allow Australia to build a future economy as part of the growing demand for decarbonising energy, products and manufacturing globally. But we need to do it fast.” Read our reaction to the 2024-25 Federal Budget. Read more
Climate control
Climate Capital Forum Founder, Blair Palese and Strategic Lead Amanda Caldwell respond to the 2024-25 Budget in The Politics newsletter. “Responding to the calls of investors, businesses and climate finance experts, Labor appears to be zoning in on the need for Australia to respond strongly to the US Inflation Reduction Act (IRA) with a clear vision to ensure our innovators and innovations don’t move offshore.” Read more
“Government’s gas plan … like Groundhog Day all over again”: Climate Capital Forum
Climate Capital Forum has slammed the federal government’s future gas strategy, saying it sends the worst kind of signal for any ambition Australia has to become a renewable energy superpower and to enable a decarbonising Future Made in Australia. Read more
Our Work
batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
What Australia can learn from Denmark’s wind farms – interview with Satya Tanner
ABC Radio National Breakfast
Satya Tanner, Managing Director, LAUtec Australia and CCF Member shared her thoughts and experiences of community ownership of renewables infrastructure projects in Denmark on Radio National Breakfast with Patricia Karvelas. Read more
Budget 2024-25 Response Paper
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Climate Capital Forum welcomes the clear recognition by the government of Australia’s potential to gain significantly from the fast-emerging global decarbonising economy. We acknowledge the lynchpin Future Made in Australia Act and the package of initiatives it supports as outlined in the 2024-25 Budget. Read more in our paper prepared in response to the Budget. Read more
Dutton’s nuclear plan is an expensive fantasy of distraction and disruption
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Climate Capital Forum expresses disbelief at the Coalition Liberal/National party policy announcement that it will pursue an energy policy focused on building nuclear sites in seven locations across regional Australia. Read more
We need to talk about renewable energy projects
Canberra Times
Offshore wind can play a significant role in supporting our industrial and energy security needs. With its greater reliability and consistent supply, it can be an essential component of our future economic security through the Future Made in Australia Act. Leaders from Australia’s offshore wind sector and Climate Capital Forum members, Amy Boersma, Satya Tanner and Naomi Campbell comment on how effective and efficient planning processes, with the right checks and balances are key to project success. Read more
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