Australia and the UK have signed a new climate and energy partnership at the Conference of the Parties (COP29) United Nations climate summit in Baku, Azerbaijan.
This partnership builds on an announcement made by Prime Minster Albanese and Prime Minister Starmer. This was made at the 27th Commonwealth Heads of Government Meeting in Samoa earlier this month.
The Australia-UK Climate and Energy Partnership reflects our shared ambition to:
- act on climate change
- play significant roles in the global clean energy transition.
This partnership replaces the existing technology partnership from 2021, reflecting the increased ambition for climate action by both Australia and the UK.
By joining forces, Australia and the UK aim to support domestic and international clean energy markets.
The Partnership focusses on 2 key areas:
- Net zero technology cooperation. Cooperating on renewable energy technologies and investments. This includes hydrogen, offshore wind, energy storage and clean transport. As well as working on creating common standards for these technologies. This way, they can be used worldwide in a more efficient way.
- International climate cooperation. Focus and coordinate global climate action under the Paris agreement through our key multilateral groupings. This includes the G20, the IEA as well as the UNFCCC to drive global climate ambition.
Through this partnership, both countries aim to strengthen respective economies. All while tackling climate change and encouraging other nations to do the same.
