🇦🇺Australia

Environmental Impact Assessment Overheads

2 verified sources

Definition

Thorough environmental impact assessments are required, especially in biodiversity hotspots, adding complexity and cost to commissioning.

Key Findings

  • Financial Impact: AUD 200K-1M per project in assessment and monitoring costs (plus delays)
  • Frequency: All projects intersecting protected areas
  • Root Cause: Manual data aggregation and regulator submissions

Why This Matters

The Pitch: Climate technology firms in Australia 🇦🇺 spend AUD 200K-1M per project on EIA delays. Digital assessment tools eliminate this overhead.

Affected Stakeholders

Environmental Consultants, Project Leads

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Regulatory Approval Delays

AUD 5M-20M per project in capital holding costs and financing delays (capital-intensive projects with uncertain cost recovery)

Workforce Shortage Delays

AUD 20K-100K/month in idle equipment and overtime

Manual Due Diligence Costs

AUD 2,000-4,000/month per key supplier (at AUD 100/hour labour)

Supplier Greenwashing Fraud

2-5% sourcing cost overrun (AUD 20,000+ annually for mid-size manufacturer)

ACCC Greenwashing Fines

AUD 10,000 to AUD 50,000,000 fines per breach; typical first offense AUD 100,000+

Lost Production Tax Credits

AUD 2 per kg hydrogen forfeited; 10% of eligible processing costs lost; up to AUD 13.7bn scheme-wide missed incentives

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