From www.accountingtimes.com.au: CA ANZ, CPA Australia, and the Institute of Public Accountants have united to support Australia’s climate goals in line with the Paris Agreement, urging all levels of government to advance the transition to a net-zero economy.

They assert that limiting climate change is not only essential for the environment but also beneficial for the economy, potentially increasing global GDP by up to 25% by 2050.

The joint statement highlights the urgency for Australia to maintain and enhance its climate policies to attract long-term investments and foster business confidence.