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Lost time and damaged reputations: what Australia must do to go from blocker to leader on loss and damage

Climate financing Climate change mitigation Global environmental change World politics International relations International cooperation Australia Pacific Area

Swept to power in a widely heralded 'climate election', the Australian Labor Government, led by Prime Minister Anthony Albanese, promised to take decisive and effective action on climate change and repair damaged relationships with the Pacific.

The author of this report argues that if the Albanese Government is sincere in its intention to show climate leadership on the world stage, and to be a 'different' Australian government to the Pacific, then it must deliver on a range of climate policies and commitments.

Key recommendations:

  • Rule out all new coal, oil and gas projects in line with the recommendation of the UN and the International Energy Agency, and support a just transition from fossil fuels to renewable energy.
  • Pay Australia’s fair share for existing international climate finance, increase the transparency of climate finance reporting, and rejoin the Green Climate Fund.
  • Stop blocking loss and damage finance negotiations, and start supporting them.
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