Many big businesses in Australia and rest of the Asia Pacific already added up numbers and understand costs of inaction. Forest fires alone in 2015 cost the Indonesian economy over AUD $20 billion. As well as guarding against risk, opportunities are significant: green investment is set to grow by some estimates to AUD $6-9 trillion within the next 10-15 years…Yet individual companies acting alone will only get us so far. Without clear market signals from large economies such as Australia, costs will continue to rise and opportunities will go up in smoke. Each day of inaction that passes means impacts on Australia’s economy — the key concern of voters in this election, including increasing irrigation costs for farmers as a result of drought; loss of tourism dollars as the Great Barrier Reef becomes increasingly bleached; and the loss of billions in lobster and abalone fisheries as marine forests are wiped out.

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