Australia has unveiled a $125 million initiative to support Pacific nations in advancing renewable energy solutions, improving energy security, and transitioning to sustainable energy grids.
The initiative, announced at COP29, is split between two key programs: the REnew Pacific program, which receives $75 million, and the Australia-Pacific Partnership for Energy Transition (APPET) program, with $50 million in funding.
The REnew Pacific program, delivered by the Australian Infrastructure Financing Facility for the Pacific, aims to implement off-grid and community-scale renewable energy in remote and rural areas.
Minister for Foreign Affairs, Penny Wong said supporting Pacific nations’ transition to renewable energy and away from imported fossil fuels will enhance economic resilience, improve energy security and help them meet their climate goals.
“Addressing climate change is a key priority for the Pacific, and the Albanese Labor Government is working hard to restore Australia’s climate leadership at home and abroad,” she said.
According to the Federal Government, this initiative is set to transform Pacific communities by enhancing access to lighting, water, agricultural tools, education, healthcare, and reliable communications, while bolstering food security and economic opportunities.
Minister for Climate Change and Energy, Chris Bowen said climate change is no longer an abstract concern, it’s a reality and an existential threat for Pacific nations.
“Australia is working with our Pacific neighbours to strengthen their energy security and accelerate the renewable energy transformation across our region,” he said.
“Each step we take to fight climate change is a step back from the brink, and Australia is dedicated to working with our Pacific neighbours to make sure our next steps are the right ones.”
The APPET program will focus on Pacific-driven energy transition priorities. This includes funding feasibility studies, grid modelling, and renewable energy project development, as well as fostering university collaborations.
The initiative also aims to up-skill the Pacific’s workforce and provide tailored support for governments and energy operators.
In addition, Australia is contributing $9 million to the Pacific Regional Nationally Determined Contributions (NDC) Hub to assist Pacific nations in achieving their climate goals.
These initiatives, partly funded by repurposing resources from the Indo-Pacific Carbon Offset Scheme, underscore Australia’s commitment to strengthening climate action partnerships in the Pacific.
Existing bilateral commitments under IPCOS will still be honoured where relevant.
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