Climate change makes forecasting harder, says Australia’s agriculture minister

“Climate change is having an impact. The models that we’ve traditionally used are having to change because the climate is changing. That’s something that I know the Bureau is working hard on, but unfortunately, the reality is that climate change means that we are...

Australian companies, directors face new liability for nature-based risks

Directors could be held personally liable for breaching their “duty of care and diligence” under the Australian Corporations Act by not identifying and disclosing nature-based risks. The most egregious violations of director duties can carry large fines or lead to...