Australia’s PM Anthony Albanese called on the G20 nations to “drive global decarbonisation” through manufacturing and the rapid development of renewable energy technologies.
“Our communities have endured another year of extreme climate impacts. Devastating weather events have affected so many nations, including Australia,” Albanese said.
Albanese has told India’s climate-focused G20 Summit that Australia will continue to be one of the world’s largest energy exporters, but its sales of coal and gas will wane in favour of renewables and critical minerals for the green energy sector.
“Australia has long been a reliable global energy supplier. And we will continue to be,” Albanese said.
“But as the world decarbonises, what we export will change. We are expanding our capacity to provide the minerals, metals and clean energy components to help decarbonise our region.
“The G20 must rapidly increase the manufacture of renewable technologies.”
The G20 bloc accounts for 80 per cent of global GDP and 75 per cent of international trade.
It includes Australia, Argentina, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United States and the European Union.