Beyond politics: how finance can influence climate change in Australia
by The Daily Eye Team October 3 2014, 1:58 pm Estimated Reading Time: 0 mins, 38 secsWith political action on climate change stuck in reverse gear, investor responses and public action is where the power lies When protestors start occupying the offices of pension funds rather than blocking the bulldozers razing old growth forests, it?s clear that the times ? and campaigning tactics - are changing. The rapid momentum behind the finance sector-focused NGO campaigns in Australia has taken casual observers and many within the finance industry by surprise. With domestic political action on climate change in Australia stubbornly stuck in reverse gear, environment groups are looking to other avenues to influence climate action and they?ve chosen finance as the next target. Today, there are more than ten environment groups in Australia with finance sector focused campaigns.