Australia supports global renewable and energy efficiency pledge

Today the Albanese Government joins over 100 countries, alongside other major energy exporters the United States, Canada, Norway and more, to support a key push on renewables and energy efficiency.

We know that renewables are the cleanest and cheapest form of energy – and that energy efficiency can also help drive down bills and emissions.

That’s why the Albanese Government is supporting the UAE’s signature initiative to triple global renewable energy generation capacity and double global average annual energy efficiency improvements by 2030.

Our expanded Capacity Investment Scheme (CIS) will help deliver 32GW of new renewable generation and storage, providing certainty for renewable investors and cheaper, cleaner energy for households and businesses.

Australia has the highest penetration of rooftop solar in the world and has a plan to get to 82% renewables by 2030 to deliver cleaner, cheaper and more reliable energy, for emissions to go down around the world, we need a big international push. 

Australia has the resources and the smarts to help supply the world with clean energy technologies to drive down those emissions while spurring new Australian industry.

The Albanese Government is investing in Australia’s future as a renewable energy superpower, including through our landmark $2 billion Hydrogen Headstart program to support large-scale hydrogen projects in Australia.

Australia was represented at the World Climate Action Summit by Australia’s Ambassador for Climate Change, Kristin Tilley.
 

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