You may have seen Arowana’s logo alongside 70 other B Corps in the newspapers this week declaring our support for the Climate Act.
The Climate Act is a proposed law to ensure the long-term safety, security and prosperity of Australia by achieving Net Zero emissions by 2050.
Zali Steggall OAM MP introduced the Climate Act to parliament this week on Monday, November 9th 2020.
This Act would ensure Australia has a clear and positive national response to the challenges of climate change. That is what a large and growing majority of Australians call for, and what Australia needs.
It will ensure that Australia has:
- A Net Zero emissions target by 2050, getting there through emissions reduction plans and emissions budgets
- Risk assessments and adaptation plans, so that the different parts of our continent and economy know the risks of climate change and can prepare for them
- Technology readiness assessment, so that we know the existing and emerging ways we can reduce emissions, with the least risk and cost
- An independent advisory commission (IAC), that can advise the Government, transparently and independently, on our national needs and plans.
In putting this law in place, Australia will be amongst several other countries with effective climate laws in place, including the United Kingdom, Germany, France, and New Zealand.