Carbon Economy

Indigenous groups and businesses have expressed considerable interest in the potential implications of, and opportunities presented by, the Carbon Pollution Reduction Scheme (CPRS) and the emerging carbon market in Australia and have approached IBA with enquiries about the scheme.

IBA has closely monitored relevant policy and legislative developments for the commencement of the CPRS, and made a submission in response to the Australian Government’s discussion paper on the scheme. In addition, as a follow-up to the interest expressed on this topic at the IBA Business Briefing in Sydney in November 2008, the IBA Business Briefing on 21 April 2009 in Coffs Harbour focused on economic opportunities that may arise through the creation of a carbon market.

IBA is further examining and exploring a potential leadership role in developing policy, providing information, managing business risk and developing new business opportunities in the carbon economy for Indigenous Australians.