Climate-ready economies are those which understand their risks, take steps to avoid or minimise the impacts of those risks and take advantage of emerging market opportunities and innovations. Whilst changes in practices will be required as Australia navigates toward net zero emissions, there are many benefits that coincide with new emerging markets and increased investment.
The CSIRO’s ‘Enabling Resilience Investment’ approach is being piloted in the Bega Valley and focuses on planning for an adaptive future following cumulative events over recent years across drought, bushfires, floods and pandemic. CSIRO, Value Advisory Partners and the University of Adelaide are working with a range of participants including local government, businesses, communities and NSW Government agencies to identify and assess investment opportunities in disaster risk reduction and sustainable
development for a resilient Bega Valley.
The Snowy Monaro business and recovery hub is a partnership between Business Australia and Snowy Monaro Regional Council. The Hub is supported by a co-contribution between the NSW and Australian Governments through the Bushfire Community Recovery and Resilience Fund. The hub works with small business owners on their current operating issues and business happenings, providing linkages and
solutions, understanding the grants that are available, what current and potential challenges are for the business and how to continue to build resilience into their business.
The Rural Financial Counselling Service focus on supporting a sustainable, resilient and profitable primary production sector. With skillsets in commercial farming, industry, business, banking and commodities, the
Rural Financial Counselling Service offer business support services for rural enterprises across a broad spectrum of elements from business models, capital and finance to risk management networks and exit planning.
We manage economic risks and position for opportunities in a changing climate
• Climate-risks are considered from a business and economic perspective
• Changes to investor expectations and global markets are anticipated and plans are in place to support adaptation
• Shifts toward net zero emissions are enacted over time
• Employment programs focus on retraining and up skilling of the workforce over time
• Decarbonisation is anticipated and its economic changes, including cascading changes, are anticipated and opportunities are leveraged
• Circular economy opportunities are leveraged
• Carbon pricing is contemplated as part of the movement to a carbon constrained economy
• Technological development is embraced
• Greenhouse gas emissions
• Number of enterprises with net zero and sustainability plans in place
• Number of enterprises with transition risk plans in place
• Expenditure on transition and environmental protection
• Changes in sector emissions shares
• Waste generation data
• Regional performance against the metrics established by the NSW Climate Change Adaptation Strategy
Resilience is big space. Here is our directory with links to a number of local, state, federal, and international organisations and resources to help assist you on your journey to building resilience.
We stand on Country that always was and always will be Aboriginal land. We acknowledge the Traditional Custodians of the land and waters, and we show our respect for Elders past and present. We are committed to providing places in which Aboriginal people are included socially, culturally and economically through thoughtful and collaborative approaches to our work.
Although this product has been jointly funded by the Commonwealth and NSW Governments under the Bushfire Local Economic Recovery Fund (BLERF), the material contained herein does not necessarily represent the views of either Government.
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