Labor to Spend Additional $150 Million on Global Climate Change Initiatives

Published on December 9, 2023

The Australian government has unveiled $150 million (US$99 million) in new spending on global climate change initiatives, with a focus on aiding Pacific nations.  The announcement was made while ministers attended the Cop28 United Nations Climate Change Conference in Dubai, allocating $100 million to the Pacific Resilience Facility (PRF) and $50 million to the Green Climate Fund (GCF).  The government said that the PRF money will support “locally led, small-scale projects across the Pacific region,” building on previous contributions, such as $75 million for off-grid and renewable energy projects in remote and rural areas. The Albanese government also committed $350 million to the Pacific Climate Infrastructure Financing Partnership at the Pacific Islands Forum in November....

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