Future Fund mandate targets under-investment in net zero


Brandon How
Reporter

Treasurer Jim Chalmers says changes to Australia’s $230 billion sovereign wealth fund will help plug a gap in funding for green projects amid the country’s transition to net zero.

On Thursday, Mr Chalmers revealed unprecedented plans for a Future Fund investment mandate to support the “energy transition”, as well as other national priorities like housing.

It comes just months after Mr Chalmers cited estimates by Monash University’s Climateworks Centre that …

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