The National Sustainability in Business Conference will be held in Brisbane from the 23-24 March 2017.
Peter Castellas is CEO of the Carbon Market Institute and will join us as a Keynote Speaker to discuss ‘The 2017 Climate Policy Review – Optimising Australia’s Position in the Transition to a Zero Carbon Economy.’
The Australian Government has scheduled a major review of domestic climate policy in 2017. The international target, set by Australia in our commitment under the Paris Agreement, of a 26-28 per cent reduction on 2005 levels by 2030 is a floor. The targets will be reviewed and strengthened over time in line with the stocktake and review process. The outcomes of the review will be critical in determining how Australia’s existing climate policies can evolve to meet current and future emissions reduction commitments made under the Paris Agreement.
Peter Castellas
Business need climate policies that can ensure the effectiveness, stability and predictability of the domestic policy framework over the long term, and outline the pathway for the economic transition to a low (or zero) carbon economy. Importantly business need a carbon price signal to unlock investment. So key things the review will need to cover to help Australia business optimise its position in this transition include: how the safeguard mechanism will evolve to be a true market based system; what the future role of the domestic offsets scheme, the ER; how specific sectors, like electricity, are treated; and how the developments in international carbon markets may impact our emissions intensive, trade exposed economy and lead to potential linkage of markets.
Peter Castellas is the CEO of the Carbon Market Institute, the peak Australian business association assisting companies in meeting the challenges and opportunities associated with the transition to a low-carbon economy. CMI has become a key conduit between Australian business and domestic and international government policy makers, regulators and agencies. CMI runs national events and industry working groups, produces market research, facilitates commercial collaboration and serves a growing national membership base.
Throughout Peter’s 25-year career, he has worked at the leading edge of the sustainable development agenda and has advised leading corporations, governments and financial institutions. Prior to joining CMI, Peter was a Director in Corporate Finance at Deloitte Touche Tohmatsu leading the firm’s carbon advisory, sustainability and clean technology services. Previously Peter was Managing Director of Cleantech Australasia where he designed and ran successful clean technology finance and investment initiatives in Australia, India and China. Peter has held prior roles as the Sustainability Advisor for the Commonwealth Bank of Australia and Fund Manager of the Sustainable Melbourne Fund. He is a regular presenter at national and international conferences.
For more information on the 2017 National Sustainability in Business Conference and to secure your spot today, please visit the conference website.
