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Market News

 November 03, 2014
Lagging Behind: Australia and the Global Response to Climate Change

 This report compares Australia's action on climate change to the rest of the world in regard to reducing emissions and renewable energy, including the actions taken by some of the world's largest economies such as China, the US and EU.

FOUR KEY FINDINGS

  • 1. China and the US have firmly moved from laggards to global leaders on climate change.
  • 2. In the last five years most countries around the world have accelerated action on climate change as the consequences have become more and more clear.
  • 3. Australia, a crucial player in global climate action, moves from leader to laggard.
  • 4. Global action must accelerate to protect Australia and the world from the consequences of a changing climate, sea level rise and more frequent and intense extreme weather.


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