Sustainable Finance Strategy
On 1 December 2023, AFIA responded to the Government’s Sustainable Finance Strategy consultation paper. AFIA supports the Government in developing an overarching sustainable finance strategy, identifying the risks and significant opportunities for the finance industry, by bringing together the range of activities underway in Australia to facilitate the transition to net zero. AFIA recognises that the transition will require a significant amount of private and public investment, with the regulatory burden on reporting entities increasing and the Government requiring to have a clear strategy and commitment in place. A comprehensive strategy will help to ensure that Australia keeps pace with international developments and AFIA looks forward to Australia positioning itself in a leadership role to support net zero.