Labor Energy Minister Chris Bowen has reiterated Australia’s commitment to the Paris Agreement on climate change, emphasizing its significance for both global climate action and economic transformation. Speaking at the United Nations Climate Change Conference (COP 29) in Baku on Nov. 19, Bowen highlighted the agreement’s role in unlocking new economic opportunities and stressed the need for all nations to work together to accelerate efforts to meet the Paris goals.
Bowen also announced Australia’s pledge to contribute $50 million to support countries affected by the climate crisis, particularly in the Pacific region. He emphasized the country’s $20 billion commitment to renewable energy projects as part of the “Future Made in Australia” plan, positioning Australia as a global leader in the transition to net-zero.
Additionally, Bowen urged nations to step up their climate commitments ahead of the next Nationally Determined Contributions (NDCs) in 2024. He emphasized the importance of strengthening efforts and delivering the highest possible ambition to keep the goal of limiting temperature rises to 1.5 degrees Celsius alive.
However, concerns have been raised about the potential withdrawal of the United States from the Paris Agreement under a Trump administration, which could impact the effectiveness of international agreements. Despite this uncertainty, calls have been made for Australia to fully embrace the “Future Made in Australia” agenda and leverage its abundant renewable resources for sustainable development. Please rewrite this sentence.
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