If enacted, the change would materially shrink the final cohort due to enter Australia’s mandatory climate reporting regime, which has been rolling out in phases since 2025.

Ambition and implementation of the Paris Agreement must accelerate rapidly, according to the UN’s five-yearly global stocktake designed to assess the global response to the climate crisis.

A group of over 20 NGOs coordinated by responsible investment charity ShareAction are calling on European policymakers to make sustainable finance a top priority in the 2024-2029 EU agenda.