Understanding Australian Infrastructure Carbon Reduction Initiative 2 Understanding Australian Infrastructure Carbon Red | Page 10

Who’s saying what: Christina Tonkin, Managing Director, Loans & Specialised Finance, ANZ: “The Australian and New Zealand sustainable finance market is accelerating with the emergence of loans in both green and sustainability-linked formats. This follows the growth of green bonds over the last three to four years.” “The Australian market has developed in line with global best practice, showing the diversity of product, transparency for investors and lenders, innovation in the use of proceeds and commitment to uphold market standards.” Andrew Hinchliff, Group Executive, Institutional Banking and Markets, Commonwealth Bank of Australia: “We are committed to playing our role in limiting climate change and supporting Australia’s transition to a low-carbon economy, but we can only do this by working closely with our customers, communities and industry partners. The Green Infrastructure Investment Opportunities (GIIO) Australia report will help us pursue our goals, by outlining the projects that will make a direct contribution to international climate targets and long-term environmental sustainability.” David Jenkins, Head of Sustainable Finance, Corporate & Institutional Banking, National Australia Bank: