CMI Media Statement
CMI Appoints Elisa de Wit as Chair
The Board of the Carbon Market Institute is delighted to announce Elisa de Wit has been appointed as Chair of the Carbon Market Institute.
“I am extremely pleased to be taking on this role at such a critical juncture in the Australian economic landscape and having regard to the fact that 2020 marks the commencement of the operation of the Paris Agreement. It is my very strong belief that carbon markets have a valuable role to play in achieving the Paris Agreement targets,” said Ms de Wit.
“Australia’s existing carbon market, implemented through the Carbon Farming Initiative legislation and the Safeguard Mechanism, is particularly well positioned to benefit from any post COVID economic stimulus measures. It can also play a role in contributing to future economic growth, especially in our regional areas that have been the hardest hit by drought and bushfires in recent years. I am looking forward to working with John and the rest of the CMI Board to ensure that CMI delivers on its mission of helping business to manage the risks and capitalise on the opportunities in the transition to a net-zero emissions economy.
Elisa de Wit is a partner with global law firm Norton Rose Fulbright and heads their Australian climate change and sustainability practice. Elisa is considered one of Australia’s pre-eminent climate change lawyers and has a broad practice covering all aspects of climate change, carbon and sustainability issues, including advising on emissions and energy reporting, carbon projects, carbon pricing, renewable energy, sustainable cities, energy efficiency, climate risk, adaptation and climate change related land use planning.
CMI is the independent peak body for business and climate action which:
- speaks for business leading the transition to a net-zero emission economy, sharing knowledge, building capacity and catalysing opportunities;
- acts as a steward of Australia’s carbon markets and related effective policies, supporting their continued evolution while working to ensure the integrity of the market, participants and outcomes; and
- champions the UNFCCC Paris Agreement and TCFD’s framework of climate and net-zero emission goals and mechanisms for increasing ambition, international cooperation and investment.
CMI has over 75 corporate members including carbon farming project developers, banks, consulting firms and emission intensive industries. It’s 2050 vision is a prosperous, climate resilient, net-zero emissions world.
CMI administers the world’s first Carbon Industry Code of Conduct, published the Carbon Farming Industry Road Map and has active working groups considering Carbon Project Development, Climate Change Leadership, Domestic Policy and International Carbon Markets.
“Elisa’s depth of experience in international and Australian carbon markets will be invaluable as we work with our members and governments to integrate post bushfire, COVID and climate crisis recovery plans,” said John Connor CEO.
Elisa de Wit has been a CMI Board member since 2014 and has acted as interim Chair succeeding Megan Flynn who carried out that role following the retirement of Andrew Grant in late 2018.
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