CANBERRA, ACT, July 18 -- The Treasurer of Australia issued the following media release:
Today the Albanese Labor Government is starting consultation on sustainable investment product labelling, to give investors more confidence to put more capital to work in sustainable products.
The release of this paper is a key step in implementing the Government's Sustainable Finance Roadmap.
The Roadmap is all about helping to mobilise the capital required for Australia to become a renewable energy superpower, modernising our financial markets and maximising the economic opportunities from net zero.
This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.
The...