The Australian government signed a Joint Statement with New Zealand following a meeting between Treasurers and Climate Change Ministers. The Statement agrees to accelerate climate action by identifying shared economic opportunities to navigate a successful transition to net zero.
The Joint Statement was signed at the inaugural Australia–New Zealand 2+2 Climate and Finance Dialogue. The Dialogue was attended by Australian Treasurer Dr Jim Chalmers, Australian Minister for Climate Change and Energy Chris Bowen, New Zealand Minister of Finance Grant Robertson and New Zealand Minister of Climate Change James Shaw.
Ministers discussed the need for accelerated climate action to stay within a 1.5-degree temperature rise limit, and to harness the significant economic opportunities that the clean energy transformation offers Australia and New Zealand.
Australia and New Zealand recognised climate change as the single greatest threat to the Pacific and committed to working together and with Pacific partners to ensure the regions’ resilience and prosperity.
The Dialogue focused on navigating shared economic challenges and opportunities presented by the transition to net zero, identifying areas for collaboration to navigate a successful transition.