Scott Ryan (Victoria, Liberal Party, Assistant Cabinet Secretary) Share this | Hansard source

Thank you, Mr President. The government does not support additional red tape in an area where Australia is already providing very significant amounts of information. Australia's NGER—National Greenhouse Energy and Reporting System—is renowned as best practice greenhouse gas reporting. Detailed emissions data is publicly available on Australia's National Greenhouse Gas Inventory and Australia's emissions projections.

Australian companies participate in the Emissions Reduction Fund and Safeguard Mechanism. Many Australian companies provide information through the Carbon Disclosure Project and the National Carbon Offset Standard. The National Carbon Offset Standard has recently been reviewed. The International Financial Stability Board is reviewing principles and best practice on carbon disclosure. The National Climate Resilience and Adaptation Strategy provides information on managing climate risks.