Climate Institute of Australia

The Climate Institute was a Sydney-based policy think-tank established in 2005 to encourage progressive policies for managing climate change in Australia.

Research work undertaken by the Institute included an analysis of the vulnerability of sport to the growing physical impacts of climate change,[1] modelling the effects of Australia's Renewable Energy Target,[2] and examining the financial impacts of delayed climate change action.[3][4] The Institute also produced the annual Climate of the Nation report, a comprehensive survey of Australians’ attitudes on climate change, its impacts and solutions.[5]

An important component of The Climate Institute's work was building alliances and networks representing organisations across Australia's economy and society to achieve diverse support for strong action on climate change. It has been a lead player in key business alliances such as the Australian Climate Roundtable.[6]

Through its role in the Asset Owners Disclosure Project, the Institute was also a pioneer in trying to get large asset owners – such as superannuation and pension funds – to recognise and disclosure carbon risk.[7]

The Institute was originally set up for 5 years under funding provided by the Poola Foundation's Tom Kantor fund.[8] In 2017, The Climate Institute announced it would be closing in June.[9] The Australia Institute was selected to carry over The Climate Institute's legacy and remaining intellectual property including continuing the benchmark Climate of the Nation report.[10]

Former Board of directors
  • Mr John Connor, CEO, The Climate Institute
  • Mr Mark Wootton, (chair) farmer and director, Poola Foundation
  • Mr Andrew Demetriou, former CEO, Australian Football League
  • Ms Susan Jeanes, principal, Jeanes Holland and Associates
  • Mr Adam Kilgour, managing director, Diplomacy Pty Ltd
  • Mr Matt Koch, executive director, Morgan Stanley
  • Ms Clare Martin, professorial fellow at Charles Darwin University's Northern Institute
  • Ms Jenny Merkley, associate director (Climate Change and Sustainability Group), KPMG
  • Dr. Graeme Pearman, senior research fellow, Monash University
  • Dr. Hugh Saddler, managing director, SustainAbility Advice Team Pty Ltd

Climate of the Nation

The Climate Institute has conducted research into the attitudes of Australians on climate change, its impacts and solutions, regularly since 2007.[5] The results, based on quantitative and qualitative social research, have been captured in Climate of the Nation reports. The data has become a key benchmark used by the climate/environment movement, media and other key stakeholders, domestically and internationally. The Australia Institute has taken over the research and production of the annual Climate of the Nation report.

Closure and transfer to The Australia Institute

In June 2017, The Climate Institute announced its closure due to a lack of funding.[9] The Australia Institute was selected to carry over the Climate Institute's legacy and remaining intellectual property including continuing the benchmark Climate of the Nation report. The 2018 Climate of the Nation report was subsequently released in September 2018.

Alliances and networks

The Climate Institute has helped to set up and/or participated in the following alliances and networks focused on building diverse support for action on climate change:[11]

Asset Owners Disclosure Project

The Asset Owners Disclosure Project (AODP) was originally developed as an initiative of The Climate Institute in 2008. The AODP is now an independent global not-for-profit global organisation aiming to protect asset owners from the risks posed by climate change, although it maintains a close working relationship with the Institute.

The AODP works with pension funds, insurance companies, sovereign wealth funds, foundations and universities to improve the level of disclosure and industry best practice. It conducts an annual survey and assessment of the world's 1000 largest asset owners and publishes the AODP Global Climate 500 Index, which ranks these organisations based on their management of climate change risks.

See also

References
  1. "Sport & Climate Impacts: | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  2. "Renewable Energy Target | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  3. "Buyer Beware: Home Insurance, Extreme Weather and Climate Change | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  4. "Climate Smart Super: Understanding Superannuation & Climate Risk | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  5. "Climate of the Nation 2015 | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  6. "Climate Roundtable | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  7. "Asset Owners Disclosure Project | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
  8. Barry, Paul. "Rich Crusaders - Eve Kantor". The Power Index. Archived from the original on 9 March 2016. Retrieved 7 February 2016.
  9. "Climate Institute announces closure, citing lack of funding". ABC News. 9 March 2017. Retrieved 18 September 2018.
  10. "The Australia Institute to Continue Legacy as Climate Institute Shuts its Doors | PBA". Pro Bono Australia. Retrieved 18 September 2018.
  11. "Alliances + Networks | The Climate Institute". www.climateinstitute.org.au. Retrieved 7 February 2016.
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