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Lowy Institute
EVENT: A global climate action address by the Minister for Climate Change and Energy, Hon Chris Bowen
Nov 21, 2023
Hon Chris Bowen, Minister for Climate Change and Energy, discusses Australia's priorities and renewable energy transition leading up to COP, potential for exporting renewable energy, prospects for progress at COP, importance of taking action, maximizing funds for vulnerable countries, sectoral decarbonisation programs and sustainable plantation forestry, and Australia's decision to rejoin the UN's Green Climate Fund.
01:06:14
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Quick takeaways
- Australia aims to become a Renewable Energy Superpower by reaching 82% renewable energy by 2030, leveraging its abundant renewable resources and promoting clean energy industries.
- Australia remains committed to incremental change in international climate negotiations, recognizing the importance of collaboration and its credibility as a constructive interlocutor.
Deep dives
Australia's commitment to climate change and energy transition
Australia has made significant commitments to address climate change and transition to renewable energy sources. The country aims to reduce carbon emissions and achieve net zero emissions. This commitment is reflected in the target of reaching 82% renewable energy by 2030, up from around 33% when the current government came to power. Australia recognizes the importance of renewables not only for reducing emissions but also for affordability, reliability, and energy security. The country believes that its abundant renewable resources, such as solar and wind, can make Australia a renewable energy superpower. The government is also focused on fostering international partnerships, leveraging its renewable energy potential, attracting global capital, and promoting clean energy industries to drive economic growth and job creation.
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