Adoption of Equator Principles 4

On 18 November 2019, the updated version of the Equator Principles (EP), EP4, was adopted by the Equator Principles Association. EP4 will apply to mandated transactions from 1 July 2020. This article discusses the key amendments made. Read more

Melbourne grass isn’t greener, but it’s getting more expensive

A new Bill introduced into the Victorian Parliament seeks to update the habitat compensation arrangements within Melbourne’s growth corridors, providing additional funding to support State government acquisition of land for conservation area reserves given increases in land values. Read more

Climate Change: Succeed in a lower-carbon future

Our new Climate Change: Succeed in a lower-carbon future report, which gathers insights from our global experts, considers the political, regulatory and commercial pressures arising from climate change, looks at the steps for ensuring that risk management practices measure up to the climate change challenge, and examines the benefits for businesses in all sectors that lead the transformation and innovate toward a lower-carbon future. Read more

UNESCO World Heritage Listing of Aboriginal cultural landscape

Recently, the Budj Bim Cultural Landscape in Victoria became the first site in Australia accepted onto the UNESCO World Heritage List solely for Aboriginal cultural significance. The occasion presents a chance to reflect on what World Heritage listing means and how Australian environmental and cultural heritage legislation applies to Aboriginal cultural landscapes. Read more