Investors confident Australian industry will not turn away from climate targets and action, as some major banks have in the US
- Follow our Australia news live blog for latest updates
- Get our breaking news email, free app or daily news podcast
The intense competition for financial capital for climate and renewable energy projects has taken a significant turn since the election of Donald Trump, with tens of billions of investor dollars potentially up for grabs.
Australia has been locked in a race against the US and other markets for renewable energy investment, particularly after former president Joe Biden introduced climate-driven legislation, including the Inflation Reduction Act (IRA).
