The Climate Risk Governance team at MinterEllison outline the most significant developments in climate risk governance over the past year, and looks ahead to what is in store for 2020 and beyond. Not only are these trends continuing, but the focus on climate risk will increase significantly with two key factors at play. Domestically, the profound devastation and destruction caused by the bushfires will keep climate change in the collective Australian consciousness and put renewed pressure on governments and businesses to act. Internationally, in the lead up to the COP26 in Glasgow in December 2020, the most important international climate change conference for five years, international governments with ambitious climate policies will put pressure on perceived laggard countries with trade levers on the horizon that may directly affect Australian businesses.