In short
- The Roadmap is the government's vision for the implementation of key sustainable finance reforms and related measures
- it has 3 pillars and 10 priorities.
On 19 June 2024, the Australian Government released the Sustainable Finance Roadmap (Roadmap), setting out its vision for the implementation of key sustainable finance reforms and related measures.
The government will continue to widely engage with stakeholders to inform ongoing policy development.
Pillars and priorities
The Roadmap has 3 pillars and 10 priorities:
Pillar 1: Improve transparency on climate and sustainability
Priority 1: Implementing climate‑related financial disclosures
Priority 2: Developing the Australian Sustainable Finance Taxonomy
Priority 3: Supporting credible net zero transition planning
Priority 4: Developing sustainable investment product labels
Pillar 2: Financial system capabilities
Priority 5: Enhancing market supervision and enforcement
Priority 6: Identifying and responding to systemic financial risks
Priority 7: Addressing data and analytical challenges
Priority 8: Ensuring fit for purpose regulatory frameworks
Pillar 3: Australian Government leadership and engagement
Priority 9: Issuing Australian sovereign green bonds
Priority 10: Stepping up Australia’s international engagement
Consultation
The Roadmap was developed in response to consultation on the Sustainable Finance Strategy in November 2023.