The Authority released its first review of the CFI on 22 December 2014. In 2016–17, the Authority will commence work on its second review of the Carbon Credits (Carbon Farming Initiative) Act, which is due to be completed by 31 December 2017. Outcome strategy The Authority will deliver influential, independent and expert advice by: engaging stakeholders to gather information and debate policy options undertaking extensive and rigorous research and analysis presenting insightful and practical reports operating within a strong governance and accountability framework. In undertaking its reviews, the Authority must take the following principles into account: economic efficiency environmental effectiveness equity the public interest the impact on households, business, workers and communities support for the development of an effective global response to climate change Australian foreign policy and trade objectives. The Authority must also undertake public consultation when conducting its reviews and publish its reports on its website. Delivery strategies The Authority will deliver on its legislative obligations by preparing high-quality reviews on time by: undertaking thorough policy development and analysis, including desktop research and analysis into relevant issues in-depth analysis into relevant sectors and contemporary research commissioning other analytical work (for example, economic modelling) where required conducting meaningful and transparent consultation with experts and stakeholders, including business, industry, environment and community groups monitoring developments in climate change policy by reviewing publicly available resources and building networks with expert, and international organisations. The secretariat will facilitate the Authority’s decision-making by: arranging regular meetings of the Authority providing briefing and other supporting documentation that are fit-for-purpose and of a high quality. Performance measurement and assessment
Table 1: Performance information Year Activity Key performance indicators Target Assessment 2016–17 Final report of Special Review Research paper on electricity generation The research paper on the sector and the final report of the Special Review are well received and attract a level of among Public are and are highly regarded by The The research paper and the third review report are released by 31 August 2016 on the Special Review are on the website and the third report is by feedback express the view that has been Internal review of report content to assess extent of used of from in public forums and Website content is and reported in annual report
The in and reviews is and is as by Initial work on CFI legislation review Scoping and for CFI review are planned and put in train; research work Public are and highly regarded by Planning for CFI review 3rd quarter research 4th quarter 2016–17 satisfied with progress of from in public forums and
The in and reviews is and is as by 2017–18 Finalise CFI review Commence work on NGER review The CFI review report is of a high quality, by and used in public policy forums and Public are and highly regarded The CFI review is by 31 2017 Planning for NGER review end 3rd quarter 2017; research 4th quarter 2017–18 of from in public forums and satisfied with progress
Risks Table 2 sets out the Authority’s high-level strategic risks for the reporting period, along with risk ratings and mitigation strategies. Risk treatments and treatment owners are outlined in the Authority’s risk register, which is updated regularly. Table 2: Climate Change Authority strategic risks Risk type Risk description Likelihood, consequence and rating Mitigation strategies Managing financial resources Relocation to Canberra and loss of corporate memory financial systems about the future and funding delivery of work program The Authority fails to comply with its Public and Act Possible; major; medium The Authority will carefully plan the transition to Canberra including through a steering committee with from the of the and Energy The CEO and the business manager monitor budget closely Funding priorities planned to align with key priorities and closely
monitored by CEO and business manager Funding priorities and constraints to Authority members Managing people resources Inability to recruit staff in of delivery of work program Failure to support the health and wellbeing of staff during a period of significant change Possible; medium Active program of for expert staff to commence in 2nd quarter 2016–17 Staff kept informed about in the and supported with effective change and resilience strategies, including through the Employee Assistance Program
Capability Departure of staff leads to loss of corporate work program or Public and Act Unlikely; major; medium Systems in place to capture staff knowledge prior to staff departures Performance The Special Review report and other research reports contain significant factual errors or fail to meet delivery deadlines that the Authority does not have the expertise to advise the effectively Possible; major; medium The Authority maintains quality assurance processes to minimise the chance of factual The Authority scopes its work carefully and monitors review time frames The Authority consults with a wide range of