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Australia risks offshore investment drought from climate change -RBA

Australia could face rising costs of capital and divestment by offshore funds if it is not seen to be doing more to address climate change, a top central banker said on Thursday.

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Aus central bank deems climate change first order risk to economy

Reserve Bank of Australia s (RBA) Deputy Governor Guy Debelle on Thursday outlined the risks climate change and the green energy transition poses for the country s fossil-fuel reliant economy.Debelle separated the risks into "physical .

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Ideology, Not Market, Driving Coal Decisions: Australia Resources Minister

MELBOURNE Global regulators, banks, and investors are making ideological rather than market-based investment decisions around coal, which will still .

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Australia s Central bank deems climate change first order risk to economy - World News

Australia s Central bank deems climate change first order risk to economy - World News
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Climate change is first-order financial risk - RBA s Debelle

Unlike "any other risk that we would expect financial institutions to manage," climate change poses a "first-order" hindrance for the financial system, Reserve Bank of Australia (R.

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