Carbon Market Institute

InfluenceMap Score
B
Performance Band
76%
Organisation Score
Modifications to InfluenceMap Scoring
Sector:
All Sectors
Head​quarters:
Melbourne, Australia
Wikipedia:

Carbon Market Institute (CMI) is broadly supportive of action on climate change, particularly the development of an effective emissions trading scheme.

Since 2017, CMI has consistently supported the target of net zero emissions by 2050 and ambitious interim targets, including in 2020 advocating for Australia to strengthen its 2030 NDC target. In 2019, CMI supported the ratcheting of Australia's commitments under the Paris Agreement and lobbied against the use of Kyoto carry-over credits to achieve these targets.

The bulk of CMI's lobbying activities has been focused on advocating the development of both domestic and international carbon markets under the Emissions Reduction Fund/Safeguard Mechanism and Article of the Paris Agreement respectively. CMI has also supported the use of international credits in meeting domestic emissions targets, which could drive down the ambition of an emissions trading scheme. Overall, however, CMI appears to be lobbying for an emissions trade scheme which could strengthen climate ambition, for example through signing a declaration urging parties of the Paris Agreement to deliver guidance on how to avoid double counting of emissions in 2018. Similarly, CMI has advocated strengthening baselines under the Safeguard Mechanism and transitioning to a baseline and credit scheme.

In 2020, CMI clearly stated that it favours market-based policy mechanisms to address climate change, but also recognized the need for a "broader policy toolkit". CMI has engaged with emissions reductions policies, including the Safeguard Mechanism and the National Energy Guarantee. In 2018, CMI lobbied to increase the ambition of the Safeguard Mechanism, advocating more stringent emissions baselines. In 2018-2019, CMI also lobbied for more ambitious GHG targets at the federal level under the National Energy Guarantee and at state level in Victoria.

CMI has broadly supported the transition to a lower carbon energy mix. In 2019, CMI appeared to support electrification of transport and hydrogen-driven electrification for industry. However, CMI also supported the inclusion of coal-fired generations in the Clean Energy Target in 2017, and lobbied for the extension of ARENA's and CEFC's mandate to include non-renewable technologies in 2020.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 NS NA 2 NS 1 NS NA
Alignment with IPCC on Climate Action
1 2 NA 1 2 1 NS NA
Supporting the Need for Regulations
0 0 NA 0 NS 0 NS NA
Support of UN Climate Process
1 1 NA 1 NS 1 NS NA
Transparency on Legislation
1 NA NA NA NA NA NS NA
Carbon Tax
NS NS NA NS NS 1 NS NA
Emissions Trading
0 0 NA 0 NS 0 NS NA
Energy and Resource Efficiency
NS NS NA 1 NS 1 NS NA
Renewable Energy
NS NS NA 0 NS 0 NS NA
Energy Transition & Zero Carbon Technologies
1 1 NA 0 0 0 NS NA
GHG Emission Regulation
1 1 NA 1 NS 1 NS NA
Disclosure on Relationships
2 NA NA NA NA NA NS NA