Understanding Australian Infrastructure Carbon Reduction Initiative 2 Understanding Australian Infrastructure Carbon Red | 页面 8

The Clean Energy Regulator estimates that well over half of Australia’s total carbon output is accounted
for by infrastructure, of course at least 50.3% of carbon emissions are made up by power stations
themselves.
IFM Investors is using its Australian experience as a testing ground and will look to apply lessons learnt to
its infrastructure assets globally, assets predominantly located in Europe and North America.
3. Australia: New GIIO Report Calls for Wave of 2020s
Infrastructure Investment to Address Carbon Targets,
Climate Impacts, Brown to Green Transition
Australia has the capability and capital to launch a wave of green infrastructure investment
throughout the 2020s but is yet to take full advantage of opportunities to build climate readiness and
resilience according to the latest Climate Bonds reports launched in Sydney on Tuesday.
The reports are the 2nd in Climate Bonds Initiative annual Australian series. Green Infrastructure
Investment Opportunities Australia 2019 (GIIO) identifies a national pipeline of over 400 green
infrastructure projects with investment potential. Green Finance State of the Market Australia
2019 (SoTM) provides a full analysis of domestic green investment as of 30th June 2019.
Together they advocate increasing green investment in the real economy including use of green bonds
and other green investment products.
New Partnerships for Green Infrastructure and Brown to Green Transition
The GIIO report notes that sustained emissions reduction has not yet been effectively integrated into
national infrastructure priorities and backs new long-term partnerships between banks, superannuation
funds, corporations and governments to address rising emissions, urban congestion and sustainability
pressures.
It calls for expanded green finance mechanisms and cooperation between the public and private sector
to achieve more productive capital allocation into green infrastructure, with energy, transport, water,
waste and buildings as the priority areas.
In the face of coming climate impacts, the GIIO report supports strengthening adaptation and resilience
factors in social, urban and economic planning, infrastructure design and operation. The report states that
building Australia’s green finance capabilities would also support ASX listed companies in undertaking
higher levels of green investment, critical to meeting increasing institutional investor expectations of
brown to green transition and progress towards low carbon and ultimately zero-carbon business models.
Banks and State Governments are shaping the market
Australia SoTM 2019 notes that the domestic green finance market is an example of international best
practice with ongoing commitment from the banking sector acting as an underlying driver of both market
growth and innovation.
The market is characterised by large scale green bond issuance from state government investment entities
(TCV, QTC, NSW TCorp) with low-carbon transport (53%) and low carbon buildings (22%) dominating their