Develop Australia's first National Climate Risk Assessment and a National Adaptation Plan to understand the risks to Australia from climate change, invest in a plan to adapt to those risks, and commission an independent review of the Australian Climate Service.
The Government will provide $28.0 million over two years from 2023-24 to develop Australia's first National Climate Risk Assessment and a National Adaptation Plan to understand the risks to Australia from climate change, invest in a plan to adapt to those risks, and commission an independent review of the Australian Climate Service. The cost of this measure will be partially met from savings identified in the 2023-24 Budget measure titled Climate Change, Energy, the Environment and Water - reprioritisation. This measure builds on the 2022-23 October Budget measure titled Commonwealth Climate Risk and Opportunity Management Program. The Government will consider future funding for the National Climate Adaptation and Risk Program when the National Climate Risk Assessment and a National Adaptation Plan are developed.