Home breadcru News breadcru Environment/Pollution breadcru UK, Australia to power up cooperation on climate, energy

UK, Australia to power up cooperation on climate, energy

28 Oct '24
2 min read
UK, Australia to power up cooperation on climate, energy
Pic: Adobe Stock

Insights

  • Prime Ministers Anthony Albanese and Keir Starmer recently met on the sidelines of the Commonwealth Heads of Government Meeting in Apia, Samoa, and agreed to boost cooperation on climate change and energy by negotiating a new partnership.
  • The partnership will focus on the development and deployment of renewable energy technologies to support economic resilience and decarbonisation goals of both.
Prime Ministers Anthony Albanese and Keir Starmer recently met on the sidelines of the Commonwealth Heads of Government Meeting in Apia, Samoa, and agreed to enhance bilateral cooperation on climate change and energy by negotiating a dynamic new partnership.

The partnership will build upon the two countries’ long-standing cooperation on international climate action, including on renewable energy and climate finance.

This was the first meeting between the two leaders since the election of the Starmer government.

Australia and the United Kingdom agree that the transition to net zero represents economic opportunity. The transition paves the way for new industries, new technologies, new job opportunities and a revitalisation of each nation’s industrial base.

Both governments believe private capital and the power of government can be leveraged to shape a clean energy future in the interests of working people, a UK government press release said.

The Australia-UK Climate and Energy Partnership will focus on the development and accelerated deployment of renewable energy technologies, such as green hydrogen and offshore wind, to support economic resilience and decarbonisation goals of both countries.

The two leaders also announced grant recipients under the Australia-UK Renewable Hydrogen Innovation Partnership Programme. Under this programme, the two governments will support six cutting-edge projects focused on industrial decarbonisation.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!