Morrison says Australia won't provide more money for global climate fund (2024)

Scott Morrison has resisted conservatives’ calls to withdraw Australia from the Paris climate agreement but ruled out providing more money to the global climate fund.

The prime minister made the comments on 2GB Radio on Monday, before the release of a Intergovernmental Panel on Climate Change report, which is expected to call for a phaseout of coal power generation to help limit temperature rises to 1.5C.

Morrison repeated his claim that Australia would meet its Paris emissions reduction target “in a canter”, despite environment department figures showing emissions increased 1.3% in the year to March 2018, suggesting Australia is likely to miss the target.

Advice from the Energy Security Board has said that a business as usual scenario will mean the electricity sector will “fall short of the emissions reduction target of 26% below 2005 levels” by 2030.

Asked if Australia would be held to the target to reduce emissions by 26% to 28% from 2005 levels, Morrison said: “No, we won’t … we’re not held to any of them at all. Nor are we bound to go and tip money into that big climate fund. We’re not going to do that either. I’m not going to spend money on global climate conferences and all that nonsense.”

Australia has contributed $200m to the Green Climate Fund from 2015 to 2018, but the Coalition has come under pressure from One Nation to rule out making further contributions. The fund’s purpose is to help developing countries respond to climate change.

Last week the One Nation leader, Pauline Hanson, wrote to Morrison complaining that Australians were not aware when the government signed up to the Paris agreement that it would “lead to organisations like the global climate fund acting like standover men, knocking at our door, telling us to pay up, or else”.

Morrison said when Australia signed an agreement “it means something”, and noted it was not the previous Labor government but rather “our government” that had signed the Paris agreement, a reference to the Coalition government of Tony Abbott.

“This is an enormously important issue to partners in the Pacific who are strategic partners. So my question is: what is to be gained by ripping it up?

“I don’t think there’s much to be gained from ripping it up – it’s not going to affect electricity prices, [the energy minister] Angus Taylor already told you that.” Morrison noted the IPCC report “said a year ago the policies were fine”.

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In August Malcolm Turnbull dumped the emissions reduction component of the Coalition government’s national energy guarantee, but was removed as Liberal leader regardless. On taking office as prime minister, Morrison declared the national energy guarantee “dead”, leaving Australia without a mechanism to reach its Paris target.

On Monday Taylor told Sky News that Australia will meet its Paris commitments, claiming it is “well on target” to achieve a 26% reduction in the electricity sector.

Asked how Australia would achieve a 26% reduction overall – including other sectors like transport and agriculture – Taylor did not cite a single policy, instead pointing five times to Australia’s “track record” in meeting Kyoto phase one and two targets.

Australia’s emissions have been rising since the repeal of the carbon tax in 2014 and the Coalition will not renew the renewable energy target in 2020.

Asked if Australia could phase out coal power by 2050, Taylor said the key “is not to focus on an industry it’s to focus on the outcome”. He said Australia produces only 1% of global emissions so “the critical thing” is for developing countries such as China and India to reduce emissions over time.

Earlier, Morrison told 2GB the Paris target of 26% emissions reduction was “not going to touch electricity prices” and “not going to touch one job”.

Asked about the prospect of overturning Australia’s ban on nuclear energy, Morrison replied: “If I thought that this was going to have a big impact on Australia’s electricity prices I will do what is necessary to bring electricity prices down.

“I don’t have any issues about any of these [sort of things] … The issues there are the same issues everywhere – that the investment doesn’t stack up.”

Morrison praised the Hodgman government in Tasmania for the “battery of Australia” project to double pumped hydro capacity.

Morrison says Australia won't provide more money for global climate fund (2024)

FAQs

Why did Australia leave the Green Climate Fund? ›

The Morrison government cited governance issues with the fund when making its decision to withdraw, arguing it would simply work directly with developing countries to help them develop climate resilience. A spokesperson for Ms Wong said Australia intends to work within the fund to drive change.

Is Australia doing enough to reduce the impacts of climate change? ›

The CAT rates Australia's climate targets, policies and climate finance as “Insufficient”. The “Insufficient” rating indicates that Australia's climate policies and commitments need substantial improvements to be consistent with the Paris Agreement's 1.5°C temperature limit.

How is the Australian Government response to climate change? ›

Net Zero. The Australian Government is developing a Net Zero 2050 plan, as outlined in our 2022 Annual Climate Statement to Parliament and consistent with the recommendations of the Climate Change Authority. Find out how we will reach Net Zero.

How much has Australia spent on climate change? ›

Australia has strengthened its $2 billion climate finance commitment and expects to deliver $3 billion towards the global goal over 2020-2025, largely through our existing ODA commitments.

Does Australia contribute to the Green Climate Fund? ›

Australia will also rejoin and contribute $50 million to the Green Climate Fund (GCF). The GCF is the world's largest global climate fund. It was set up in 2015 as part of the landmark Paris Agreement on Climate Change and has approved projects across 128 countries.

What is the controversy with the Green Climate Fund? ›

The world's biggest climate fund, set up in 2010 to finance adaptation and mitigation projects, has repeatedly come under fire for its application process, with critics complaining that it delays the disbursem*nt of much-needed money for communities dealing with the impacts of climate change.

How badly is Australia affected by climate change? ›

Key points. Australia is experiencing the effects of global climate change. Our average land and sea temperatures have increased. Despite large natural variation we are also seeing changes to rainfall patterns, increased fire danger, and rising sea levels.

What is Australia's problem with climate change? ›

Climate change in Australia is caused by greenhouse gas emissions, and the country is generally becoming hotter, and more prone to extreme heat, bushfires, droughts, floods and longer fire seasons because of climate change.

Should Australia do more about climate change? ›

A majority of Australians (56%) continue to say 'global warming is a serious and pressing problem' about which 'we should begin taking steps now, even if this involves significant costs', slightly down by four points from 2022.

What causes climate change in Australia? ›

The main influences on our temperatures over the last 100 years include: increases in atmospheric carbon dioxide and other greenhouse gases. changes to land cover (replacement of darker forests with paler croplands and grasslands) solar fluctuations (small effect caused by changes in the brightness of the Sun)

Is Australia part of the Paris Agreement? ›

Australia is party to the Paris Agreement. The Paris Agreement came into force in 2016. It was a major step forward in international efforts to address climate change.

Why is climate change bad? ›

Changes in the climate and increases in extreme weather events are among the reasons behind a global rise in hunger and poor nutrition. Fisheries, crops, and livestock may be destroyed or become less productive. With the ocean becoming more acidic, marine resources that feed billions of people are at risk.

What is Australia's biggest contributor to climate change? ›

Energy production is the largest contributor to Australia's carbon emissions. This is followed by transport, agriculture, and industrial processes. Specifically: energy (burning fossil fuels to produce electricity) contributed 32.6 per cent of the total emissions.

What is Australia's biggest climate polluter? ›

AGL: Australia's Biggest Climate Polluter

85% of their electricity came from burning coal, and as the owners and operators of three of the largest coal-burning power stations in the country, they were acting as a dam wall to a flood of renewable energy into Australia.

Where does Australia rank in climate change? ›

Key Points: Australia's overall ranking moved up four places between CCPI 2022 and 2023 from #59 (6th last ) to #55 (9th last), placing in the bottom 10.

Has the Green Climate Fund been successful? ›

The Green Climate Fund's second replenishment (GCF-2) has reached a record funding level. As of December 2023, 31 countries pledged support to the Green Climate Fund with a total of USD 12.8 billion over the next four years.

What has Greenpeace Australia done? ›

The Australia Pacific division of the organisation has currently identified protecting forests and oceans, defending the Pacific Islands, ending the oil age, preserving the great barrier reef, creating a coal free future and conserving the Antarctic as its campaigning priorities.

How much did Australia contribute to the GCF? ›

Australia withdrew from the initiative under a previous right-wing government in 2018, having contributed about 200 million Australian dollars ($127.4m) during its four-year membership.

What is Australia doing about the greenhouse effect? ›

Since the IEA's last review in 2018, Australia has passed the Climate Change Act in 2022, which doubles the target for emissions reductions by 2030 and sets the goal of reaching net zero emissions by 2050.

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