Chartered Accountants Australia and New Zealand (CA ANZ) has expressed strong support for the Australian Government’s Strategy for Nature 2024–2030. This strategy is seen as a crucial part of a broader sustainability framework for Australia, aiming to protect biodiversity and promote sustainable practices.

Support for Strategy & Integration

CA ANZ welcomes the leadership shown by the Australian Government in developing the Strategy for Nature. The organisation views this strategy as an integral component of Australia’s overall sustainability efforts. CA ANZ strongly encourages collaboration between the Department of Climate Change, Energy, the Environment and Water (DCCEEW) and other departments, such as Treasury, to ensure alignment with existing sustainability initiatives like the Sustainable Finance Roadmap.

The organisation also recommends defining clear roles for state, territory, and Commonwealth governments. Additionally, it advocates for the inclusion of First Nations and civil society in relevant forums to ensure a comprehensive and inclusive approach.

Implementation & Business Impact

The strategy is ambitious and will require significant investment from both the public and private sectors. CA ANZ calls for clear, timebound actions and deliverables to provide certainty for businesses and investors between 2024 and 2030. It is essential that the timing of nature-related obligations for businesses is coordinated with other requirements, such as climate-related disclosures, to avoid overlap and ensure smooth implementation.