It struck me at a function we organised with Ministers Bishop and Frydenberg in Marrakech that there is a significant amount of goodwill that the government can tap into in reviewing and implementing climate policy next year and beyond.

There were about 70 predominantly Australian stakeholders invited to our event that included business, finance, technology and community leaders. All had invested the time and effort to be at COP22 and in the interpersonal exchanges that took place over drinks with the Ministers it was clear that there is a genuine desire to work constructively with the Government to ensure we meet our Paris commitments. 
In the upcoming 2017 review it will be critical that the Federal Government take advantage of this goodwill and engage with the deep body of expertise and knowledge in the Australian community. 

We have spent a number of months engaging with members and others to propose the factors to consider in setting the terms of reference for the Policy Review. In parallel we have put together a template of how Australia can optimise its position in International Carbon markets. Business is willing and able to contribute to how policies can meet both climate goals and create certainty and economic outcomes.

Despite the wildcard presented by the Trump election and in the face of the climate sceptic rubbish that is espoused by some badly informed politicians and bizarrely still gets airplay in Australian media, the momentum to a zero carbon economy is unstoppable.  We must be proactive, consistent, authoritative and focussed in making sure we represented the highest common denominator of business views and that those views are heard inside the tent. 

At CMI this trajectory sets us up for a pivotal few years, where we will become an increasingly important, influential business voice. We have a diverse strong membership base, a talented and engaged board and a dedicated team - and we are now recruiting a General Manager (see details below)to work with us in this next phase. It is an exciting time to working in this space. 


Peter Castellas
Chief Executive Officer
Carbon Market Institute
Read our COP22 Takeaways
Become a 2017 Summit Sponsor
Australian Climate Policy
The fourth auction of the Australian Government's Emissions Reduction Fund was held by the Clean Energy Regulator on the 16th & 17th of November, with results released only last week.

With over $440 million left from the original $2.55 billion fund, we can expect further auction(s) to take place in 2017.
View full results of the 4th ERF Auction
Australia has ratified the Paris Agreement on November 10, 2016.
The day after the announcement of Trump's election victory in the United States, Prime Minister Malcolm Turnbull announced Australia's ratification of the Paris Agreement, locking in Australia's global commitment to reducing emissions and long term goal of transitioning to a low carbon future.
Learn more about Australia's ratification of the Paris Agreement
Member News
WESTPAC Climate Analysis

Westpac's Climate Change Scenario Analysis aims to understand the longer term impacts on the Australian economy (page 52 of 2016 Sustainability Report)

Norton Rose 4th Auction Review

Read Norton Rose Fulbright Australia's recent review of the Australian Government's 4th ERF Auction results, released last week


Learn how Fujitsu and Telstra are developing Australian opportunities for ICT enabled emissions reductions (full report in Reports section below)
The Australian Government's Carbon Neutral Program
The Standards set rules for measuring, reducing, offsetting and reporting emissions required to make carbon neutral claims for building and precinct operations.

The Department worked with the National Australian Built Environment Rating System (NABERS), the Green Building Council of Australia (GBCA), carbon accounting experts and property sector businesses to develop the new Standards.

The Standards will be unique on an international scale as they represent an aligned view between government and industry on the rules and implementation mechanisms for carbon neutrality in the property sector.

Certification against the Standards will be provided through the Australian Government’s Carbon Neutral Program, and for buildings also through the NABERS Energy and Green Star – Performance rating schemes.

The Department invites comments on the new Standards from 30 November 2016 to 10 February 2017.
View draft Standards & Make a Submission
The Australian Government’s Carbon Neutral Program would like to welcome their newest program participant EnergyAustralia.

Certification against the National Carbon Offset Standard means their customers can now choose to go 'carbon neutral' and make their electricity carbon neutral at no cost to them.
Learn more about EnergyAustralia's carbon neutral journey
COP22: After Marrakech
Industry & Carbon Markets
BEFORE THE FLOOD: Leonardo DiCaprio's Climate Change Documentary
Top News Headlines
Poised to increase its influence and impact in the climate change and business space as a leading national industry association, the Carbon Market Institute is looking to recruit a new General Manager.
At CMI we are passionate about helping business understand the challenges of climate change and seizing the opportunities in the transition to a zero carbon economy. Independent, constructive and authoritative, we have developed a unique role as a conduit to share knowledge and facilitate commercial interaction between business, policy makers and thought leaders to drive collective impact and create pragmatic solutions. The Institute’s membership represents a broad range of professionals, organisations and a cross section of industry. Collectively we have hundreds of years of expertise in climate change and carbon markets in our growing national membership.
Reporting to the CEO, the General Manager is a key management role in an organisation that operates across the spectrum of policy, markets, finance, technology and international climate developments. Leading a dedicated team and leveraging the resources of a talented, highly credentialed board the role will primarily involve strategic planning, operations management, and extensive stakeholder engagement with CMI members, the wider business community, federal and state politicians and key organisations that CMI collaborates with. Major initiatives the GM will work with the CEO and team on include: input into climate policy at the federal level, running the annual Australian Emissions Reduction Summit, facilitating members working groups, undertaking market research on international carbon markets and connecting business to opportunities at the state level.
It’s a diverse and exciting position. To be successful in this role, and to accelerate the aims of the organisation, you will have a deep exposure to climate change and business issues, strong familiarity with national climate policy and understand the relevance of international climate policy to Australian business. You will have worked in a corporate or commercial role and will be able to connect with and articulate the needs of business in the zero carbon transition that is underway. You will be confident and comfortable presenting and facilitating and ideally you will Masters qualified and have good networks in corporate Australia.
If you are interested to know more or apply for the positon please email your CV and covering letter to
Become a Corporate or Professional Network Member today

We're excited to announce a new addition to our website - a global events calendar that will give you information about the best climate change and business-related events happening in Australia, the Asia Pacific region, and internationally.

If you have an event you would like added to the Institute's calendar, please get in touch with Brad Kerin at
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