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Climate change

Supporting the Indo-Pacific to tackle climate change

Australia supports climate change action through its development assistance program, guided by the International Development Policy. The policy acknowledges climate change as the greatest shared threat to all countries and has climate action at its heart. It commits Australia to strengthening climate resilience across the development program by

  • considering climate risk in our development partnership plans,
  • aligning our bilateral programs with partners' Nationally Determined Contributions and National Adaptation Plans, and
  • ensuring that from 2024-25, at least half of all new country and regional investments, valued over $3 million, will have a climate change objective - rising to 80 per cent in 2028–29.

Support to our region includes:

Putting more resources behind our climate work

The Australian Government is deeply committed to taking real and significant climate action at home and establishing Australia as a climate leader internationally.

  • Australia has strengthened its previous $2 billion climate finance commitment and expects to deliver $3 billion towards the global goal, over 2020-25, largely through existing official development assistance commitments.
  • The Government has also committed to increasing official development assistance to the Indo-Pacific by $1.7 billion in new spending over five years and to long-term growth of the development program.
  • Australia will also step up its work with the private sector and explore new forms of development finance to achieve impact at scale in the Indo-Pacific region, and to support the goals of the Paris Agreement.
  • Australia has robust methods for counting climate finance.

Key climate change initiatives

Initiatives Description
Australian Infrastructure Financing Facility for the Pacific (AIFFP) AIFFP is partnering with governments and the private sector in the Pacific and Timor-Leste to provide grant and loan financing for high quality, transformational energy, water, transport, telecommunications and other infrastructure.
Climate and Oceans Support Program in the Pacific (COSPPac) COSPPac is working to enhance the capacity of Pacific islands to manage and mitigate the impacts of climate variability and tidal events. The team are working with stakeholders to forecast and report on climate, tides and the ocean.
Australian Climate Finance Partnership (ACFP) ACFP is a concessional finance facility supporting climate action in Southeast Asia and the Pacific. It is managed by the Asian Development Bank (ADB) and funded by the Australian Government.
Climate Resilient by Nature Australia’s new Climate Resilient by Nature program works with local communities to conserve and rehabilitate ecosystems to address climate change in the Pacific.
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