Report Backs Italian Investment in Victoria

RMIT

The latest report from the Future Europe Series delivered by RMIT Europe and the State of Victoria's European Trade and Investment Office has made recommendations for Italian companies investing in Victoria, Australia.

The report - Building for the future: Italy and Victoria, Australia (PDF 851KB) - brings together insights from industry, government and academic leaders in Italy and Victoria on the challenges and opportunities of the transition to a decarbonised economy in an increasingly digital world. 

The report's key recommendations include:

  • Turn up the dial on sustainability action: Governments, not just customers and investors, are pushing for sustainability through new policies, requiring transparency and authenticity from businesses.

  • Evolving cross-sector collaboration: The private sector, government and universities must consider new ways of collaborating in the context of this changing landscape to anticipate and respond to challenges related to the transition to net zero, and beyond.

  • Beyond net zero: Planning should extend beyond net zero to absolute zero, focusing on circularity and regenerative practices for success in innovation.

  • Innovation and global knowledge transfer: Achieving 2050 targets requires using existing and new technologies, with a focus on international collaboration for knowledge sharing.

  • Upskilling the global workforce: There is a need for multidisciplinary upskilling and reskilling to equip workers with both soft and technical skills for emerging decarbonisation solutions.

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