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Climate change

Strengthening trade and investment

Australia is pursuing a range of activities to advance our ambitious climate change agenda, promote trade and investment across green economy sectors and build cooperation to reduce emissions and support the global energy transformation.

Singapore-Australia Green Economy Agreement

Australia and Singapore have concluded a world first Green Economy Agreement.  This is a first-of-its-kind agreement that support Australia's economic, trade, investment and climate change objectives.

Indo-Pacific Economic Framework

The 14-member Indo-Pacific Economic Framework negotiations will cover a range of issues including on the environment, clean energy, decarbonisation and infrastructure.

International Clean Energy Partnerships

The Australian Government is working closely with international partners to advance practical action on climate change and build new clean energy industries. The Department of Climate Change, Energy, Environment and Water manages international clean energy partnerships with Germany, India, Japan, the Republic of Korea, Singapore, the United Kingdom and the United States.

Clean Energy Supply Chains

In July 2022, Australia hosted the Sydney Energy Forum to focus attention on supply chain opportunities to support the energy transition.  In the margins of the conference, Australia highlighted participation in the Minerals Security Partnership which also includes Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, the United Kingdom, the United States and the European Commission.

Austrade

For assistance with exports or investment in the resources and energy sector visit the Austrade website.

Global Power System Transformation Consortium

Australia is leading the world in the grid integration of distributed and variable renewable energy.  CSIRO's Dr John Ward is leading Australia's collaboration internationally through the Global Power System Transformation Consortium.

Hydrogen Resources

DFAT has led the Australia-Germany Hydrogen from Renewable Energy Supply Chain Feasibility Study (HySupply).  The HySupply website has open-source cost calculators.  For other information, see CSIRO's hydrogen portal – HyResource.

Taskforce for Nature Related Finance Disclosure

Australia has been a strategic funder of the Taskforce on Nature-related Financial Disclosures (TNFD). The TNFD is a global initiative that has developed a risk management and disclosure framework for organisations to report and act on nature-related dependencies, impacts, risks and opportunities.  For more information on the Department of Climate Change, Energy, the Environment and Water's engagement with the private sector and the TNFD framework, including its TNFD Pilots - Australia case study reports, visit the Department of Climate Change, Energy, the Environment and Water.

First Nations

The First Nations Clean Energy Network, established in November 2021, seeks to ensure First Nations people and communities play a central role and harness the opportunities from Australia's renewable energy boom.

DFAT has established the Office for First Nations International Engagement, led by the Ambassador for First Nations People. The Office is working in partnership with Aboriginal and Torres Strait Islander people to develop and implement a First Nations approach to foreign policy. Which will include identifying new areas of cooperation between First Nations communities and our international partners – including on trade and investment, and climate change.

Aviation Emissions

Australia is committed to reducing carbon emissions from aviation.

Trade and Investment Success Stories

DFAT's business envoy regularly features stories of successful Australian exporters and investors.  The September 2022 edition includes a map of Australia's proposed renewable energy zones and offshore wind farms, as well as the National Energy Resources Australia (NERA) hydrogen hubs.

Diplomatic Academy Toolkit

For additional information on energy, emissions and economic diplomacy, see the Diplomatic Academy Climate, Energy and Environment Toolkit.

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