Over the life of this Corporate Plan, the Clean Energy Regulator will be responsible for the credible regulation of the primary market mechanisms to measure and reduce carbon emissions. This means that its regulatory, business and assurance models must be of the highest standard.
Rather than mechanically administer legislation, the Clean Energy Regulator will focus on the objectives of the schemes it administers, and will adapt its approach accordingly.
As a regulatory body, the Clean Energy Regulator will execute effective decision-making and administration. It will judiciously deploy the compliance and enforcement tools at its disposal, and take steps to anticipate the wider interest – for example, the need for the market system to evolve along a strategic pathway.
The continuing policy debate regarding the best way to achieve carbon abatement in Australia, new international commitments to reduce carbon emissions, and advances in technology may all affect the schemes we administer. The Clean Energy Regulator will ensure that it develops capabilities which position it to be an agile and responsive organisation, in a changing operating context.
To ensure that the agency anticipates and is ready to respond to change, our strategic approach over the life of this plan will be to:
The diagram below outlines the strategic direction of the agency over the next four financial years.
The Clean Energy Regulator will regularly review its strategic approach and update the Corporate Plan accordingly.
Following major changes in climate change laws over the last year,
the agency will focus on getting new and amended schemes operating
effectively. We will build on our whole of agency regulatory capabilities.
As our schemes mature, we will focus on maximising their efficiency,
reducing client burden, increasing compliance.
As we near 2020, enhancements to existing schemes may be needed
to drive future carbon abatement. We will ensure we are ready to
contribute to any new policy design, deliver new schemes, and
align with international efforts.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.