The federal budget is expected to announce funding that will propel Australia towards its net-zero emissions goals.
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Climate Energy finance director Tim Buckley said he would be looking for tax reforms for multi-national fossil fuel emitters.
"At the end of the day we've got an energy crisis, we've got a cost of living crisis, we've got a climate crisis," he said.
"We need to reform the tax system to make it fairer and make sure multi-nationals pay ... [and] quantify the benefit to Australia in terms of corporate tax receipts and reductions of fossil fuels."
Mr Buckley said he hoped to see the government cap the diesel fuel rebate, an excise payable on the use of diesel fuel in mining and production, and cut fossil fuel subsidies for corporations.
He said he would also be keeping an eye out for allocations from government finance organisations including the Northern Australia Infrastructure Facility (NAIF), a $5 billion lending facility that provides financial assistance to infrastructure projects, among others.
"I'd be looking for what sort of financing is being extended and expanded to encourage public-private partnerships ... of NAIF, [Export Finance Australia], [Australian Renewable Energy Agency] and [Clean Energy Finance Corporation]," he said.
CommBank chief economist Stephen Halmarick has forecast increased spending on disaster-ready programs.
Mr Halmarick's statement noted recent natural disasters would add some cost pressures to the budget.
The prediction follows an announcement in September by Emergency management minister Murray Watt for a disaster ready fund to replace the former government's emergency response fund.
The new fund will dedicate $200 million to proactive measures to increase disaster resilience including building flood levies, cyclone shelters and evacuation centres.
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Climate Council researcher Dr Simon Bradshaw said investment in mitigation was critical to Australia's economy.
"Australia still spends far more on disaster recovery than it does on preparedness and resilience building and climate change adaptation," he said.
"That's despite study after study showing that every dollar you invest into disaster preparedness saves you many, many more dollars down the line, when it comes to avoided disaster recovery costs."
Mr Buckley and Mr Halmarick also predict there will be funding allocated to support the uptake of electric cars.
