New research from Net Balance could revive investment in carbon offset projects and programs in Australia.Read More
In the News
With the Coalition announcing its planned repeal of the carbon price legislation, Australia needs to understand the implications of its Direct Action Policy, in particular, its proposed reverse auction process.Read More
Australian property developers have been warned climate change impacts could expose them to significant financial risk.
The advice from Net Balance, Australia’s largest sustainability advisory firm is to start factoring in climate impacts immediately.Read More
The question of how to motivate behavioural change in organisations has been the subject of considerable amounts of research for quite a long time now, however the underlying determinants of energy use and energy related behaviours have not been examined in great detail and the problem of sustaining behaviours without a ’carrot & stick’ approach has not been appropriately tackled. A culture whereby individuals and corporations are intrinsically motivated to drive energy efficiency rather than one based purely on extrinsic rewards is achievable and worth pursing, but requires cultivation.Read More
The recent 2013 World Bank report on carbon finance indicates that global climate finance reached approximately US$364 billion in 2011, with the private sector contributing a large proportion of this investment. Carbon prices are at an all time low and the international carbon markets are likely to remain uncertain for several years due to the current economic climate, the reduction in demand and unchanged supply of credits, plus the relative in-action by the international governments at Doha (COP 18).Read More
Last week Net Balance attended the Carbon Forum Asia, held in Bangkok, 30 – 31 October. The forum focused on the state of the global carbon market, and the potential to develop new market mechanisms to tackle climate change. Given the current state of the international markets, with most prices near their lowest points and no near-term solution at hand, enthusiasm for significant progress in the next negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) in Doha in late November was muted.Read More