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in emerging Australian mining developments, local content requirements to spur domestic sectors, and regulating where out-of-date structures hold us back.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
OPINION – Why I formed a Climate Capital Forum in Australia and why every country needs to do the same
Climate Capital Forum Founder, Blair Palese, on her motivation to form the network, and why its work is so important. Read more
Future Made in Australia Act puts country in global cleantech race
Future Made in Australia Act puts country in global cleantech race. Climate Capital Forum founder Blair Palese and Director of Climate Energy Finance, Tim Buckley, support the government’s Future Made in Australia act. Read more
Community engagement key to success of offshore wind feasiblity
Climate Capital Forum member and wind energy executive, Satya Tanner spoke with ABC Radio Gippsland this week about the government granting or offering feasibility licences to assess feasibility of offshore wind projects off the coast of Gippsland in Victoria. Read more
Our Work
batteries | decarbonisation | industry | investment | local content requirements (LCR) | nuclear | renewables | US/IRA |
Climate control
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Climate Capital Forum Founder, Blair Palese and Strategic Lead Amanda Caldwell respond to the 2024-25 Budget in The Politics newsletter. ” 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. 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) – or Climate Bill – with a clear vision to ensure our innovators and innovations don’t move offshore.” Read more
Budget delivers ambitious support for Australia’s decarbonising future but a clear fossil free vision is still wanting
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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
After a decade of chaos, Labor finally pivots Australia away from dig-and-ship petrostate to post carbon world
Renew Economy
Climate Energy Finance and Climate Capital Forum respond to the 2024-25 Budget from Treasurer Jim Chalmers and Finance Minister Katy Gallagher: “After a devastating decade of climate and energy transition chaos, inaction and underinvestment under the LNP luddites, we appear to have a government that appreciates Australia’s comparative advantages.” Read more
“Government’s gas plan … like Groundhog Day all over again”: Climate Capital Forum
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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
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