Rich nations must help poorer nations go green: Albanese

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Rich nations must help poorer nations go green: Albanese
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Prime Minister Anthony Albanese will tell the OECD there are “new frontiers” of opportunity in green technologies as he emphasises his climate change mission in Paris

Anthony Albanese will tell a leading global policy forum that developed nations must lift ambitions on tackling climate change and ensure they bring their poorer neighbours along with them if the world is to rise to the challenge.

In a draft copy of the address circulated by his office, Albanese confirms he will legislate Australia’s increased Paris climate target of cutting greenhouse gas emissions by 43 per cent over 2005 levels over the next eight years. He will tell the council that Australia would also provide finance and infrastructure funding to support its global partnerships, especially with Australia’s southeast Asian and Pacific neighbours, while delivering on a secure and reliableAlbanese argues finding and supporting practical initiatives will be critical for achieving the scale, diversity and security of clean energy supply chains necessary for our collective emissions reduction goals.

In Madrid for the NATO summit on Wednesday, Albanese met with British prime minister Boris Johnson for the first time since coming to office, where the pair spoke about the climate challenge ahead. In an earlier speech to NATO leaders at a critical summit, Albanese told counterparts, including United States President Joe Biden, that Australia shared a common purpose with NATO, in supporting “democracy, peace and security and upholding the rule of law” in the Indo-Pacific region and further afield.

Albanese said that by supporting peace and sovereignty in Europe, Australia was underscoring its iron-clad commitment to those norms in the Indo-Pacific.

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