In Azerbaijan, the UK and Australia have penned a new climate and energy partnership at the United Nations Climate Change Conference 2024, better known as COP29.
The partnership will focus on renewable energy technologies and investments, including energy storage.
The partnership, an extension of a similar cooperation agreement signed between the two nations at the 27th Commonwealth Heads of Government Meeting earlier this year in Samoa, is divided into two core pillars. One covers renewable energy technologies and investments, with the other forming an international climate cooperation agreement.
Under the net zero technology cooperation pillar, the two countries will support hydrogen, offshore wind, energy storage, and clean transport technologies and collaborate to create common standards.
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The second pillar will focus on international climate cooperation, with the two countries focusing on and coordinating global climate action under the Paris Agreement through each other’s key multilateral groupings. This includes the G20, the IEA, and the UNFCCC to drive global climate ambition.
No further details or specifics on the partnership were released, but it was added that it is hoped that the cooperation will strengthen both countries’ respective economies.
Increased cooperation between Australia and the UK
As previously noted, the UK and Australia penned a climate and renewable energy technology partnership last month in Samoa, when the two leaders, Anthony Albanese of Australia and Sir Keir Starmer of the UK, met for the first time since Labour Party’s victory in the UK general election.
Our sister site, Current±, previously reported that the Australia–UK Climate and Energy Partnership would be led by Australia’s minister for climate change and energy, Chris Bowen, while the secretary of state for energy security and net zero, Ed Miliband, would work on the UK’s commitments.
Official launch of the India-Australia Renewable Energy Partnership
In other news, leaders have swiftly transitioned from COP29 in Azerbaijan to the Group of 20 (G20) summit in Rio de Janeiro, Brazil, where representatives from Australia and India have celebrated the official launch of the India-Australia Renewable Energy Partnership (REP).
The REP aims to provide the framework for practical cooperation in priority areas such as solar PV, green hydrogen, energy storage, two-way investment in renewable energy projects and upgraded skills training for the future renewable energy workforce.
Under the terms of the cooperation agreement, partners in India will be allowed to invite selected Australian firms with digital-enabling technology and energy storage solutions to pilot demonstration projects in India.
