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Investment

Australia indirectly funding fossil fuels with MDBs: report

The Wire / By

A new report from ActionAid Australia and Jubilee Australia revealed Australia is indirectly investing in fossil fuels through its aid program. Australia’s share of the fossil fuel financing is estimated up to 828 million dollars through several multilateral development banks, such as the World Bank. The report released recommendations Australia can do to demand these …

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Australia Releases National Quantum Strategy

The Wire / By

Australia’s National Quantum Strategy was released last week, outlining the government’s aims to guide and develop the local quantum industries. This comes as part of the government’s National Reconstruction Fund which will provide a targeted investment of 1 billion dollars for critical technologies like quantum. It’s estimated quantum industries incould create 19,400 direct jobs, generating …

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Crawford Fund Call For More Foreign Aid Funding for Agriculture

The Wire / By

Two former federal agriculture ministers have called on the Crawford Fund to increase the proportion of Australia’s aid budget invested in agricultural research. Board member Joel Fitzgibbon affirmed the benefits of aid-funded international agricultural research for development, particularly in agriculture that has been hard hit by Covid-19. The funding has a clear direction, it will …

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