Cityscape of Melbourne at sunset, Australia

FISHERMANS BEND NET ZERO EMISSIONS STRATEGY

Point Advisory led a specialist team comprising Aurecon and GreenSync to deliver a Net Zero Strategy in consultation with the Victorian Government for the Fishermans Bend Precinct in Melbourne, Australia. Fishermans Bend is currently the largest urban renewal area in Australia and is a project of State importance. Urban renewal presents a unique opportunity to put in place strategies and structures to deliver superior GHG emission performance without compromising on other sustainability and liveability goals.

Point Advisory was tasked with developing a comprehensive and flexible emissions reduction strategy for the Precinct.  The strategy was based on emissions modelling that showed the change in carbon emissions resulting from different actions by Government and other partners (including planning controls, performance validation, infrastructure investment, incentives, and other supporting mechanisms) and covers all sectoral emissions including buildings (residential and commercial), industry, transport, water and waste.  To factor in high levels of uncertainty in the pace and shape of development, the model was built to be interactive so that users can test various scenarios of grid decarbonisation in Victoria and other exogenous parameters, as well as various levels of stringency of planning controls.

The strategy presents the possible impact of the adoption of these proposed measures and actions on the carbon emissions trajectory of the Precinct to guide Government decision-making. The strategy is a living document to be updated over time, as decisions are made and the future Precinct takes shape.

The Fishermans Bend Net Zero Emissions Strategy has been publicly released and can be found here.

For further information, please contact Christophe Brulliard.