ANZ charts climate course through political storms

Original article by Jennifer Hewett, Australian Financial Review

Sott Morrison insists Australia’s climate change policies will be determined here rather than in other countries. This is a polite dismissal of Boris Johnson’s call for “bold action” during this week’s prime ministerial phone chat.

But global capital markets and investors don’t necessarily follow national government agendas, especially from a mid-sized economy deemed to be out of sync with international trends. The intense focus on the impact of COVID-19 has not lessened investor appetite for faster progress on combating climate change.