The China Mail - Australia bidding to host UN climate summit, set new emissions target

USD -
AED 3.672503
AFN 66.379449
ALL 81.856268
AMD 381.460091
ANG 1.790403
AOA 917.000283
ARS 1450.475403
AUD 1.490746
AWG 1.80025
AZN 1.701292
BAM 1.658674
BBD 2.014358
BDT 122.21671
BGN 1.65906
BHD 0.377073
BIF 2957.76141
BMD 1
BND 1.284077
BOB 6.926234
BRL 5.522397
BSD 1.00014
BTN 89.856547
BWP 13.14687
BYN 2.919259
BYR 19600
BZD 2.011466
CAD 1.36694
CDF 2200.000303
CHF 0.788621
CLF 0.023084
CLP 905.420082
CNY 7.028501
CNH 7.00766
COP 3730.1
CRC 499.518715
CUC 1
CUP 26.5
CVE 93.513465
CZK 20.5957
DJF 178.0959
DKK 6.341435
DOP 62.690023
DZD 129.430953
EGP 47.541401
ERN 15
ETB 155.604932
EUR 0.84898
FJD 2.269203
FKP 0.741553
GBP 0.7408
GEL 2.684998
GGP 0.741553
GHS 11.126753
GIP 0.741553
GMD 74.499188
GNF 8741.153473
GTQ 7.662397
GYD 209.237241
HKD 7.776349
HNL 26.362545
HRK 6.394897
HTG 130.951927
HUF 329.999499
IDR 16739.65
ILS 3.185845
IMP 0.741553
INR 89.775296
IQD 1310.19773
IRR 42124.999466
ISK 125.649825
JEP 0.741553
JMD 159.532199
JOD 0.709027
JPY 155.749033
KES 128.950012
KGS 87.450247
KHR 4008.85391
KMF 417.999727
KPW 900.017709
KRW 1447.220162
KWD 0.30722
KYD 0.833489
KZT 514.029352
LAK 21644.588429
LBP 89561.205624
LKR 309.599834
LRD 177.018844
LSL 16.645168
LTL 2.95274
LVL 0.60489
LYD 5.412442
MAD 9.124909
MDL 16.777482
MGA 4573.672337
MKD 52.243841
MMK 2099.828827
MNT 3555.150915
MOP 8.011093
MRU 39.604456
MUR 45.950189
MVR 15.449876
MWK 1734.230032
MXN 17.91799
MYR 4.045033
MZN 63.909822
NAD 16.645168
NGN 1450.410302
NIO 36.806642
NOK 9.98755
NPR 143.770645
NZD 1.7129
OMR 0.3845
PAB 1.000136
PEN 3.365433
PGK 4.319268
PHP 58.777502
PKR 280.16122
PLN 3.57687
PYG 6777.849865
QAR 3.645469
RON 4.321598
RSD 99.663986
RUB 79.001333
RWF 1456.65485
SAR 3.75061
SBD 8.153391
SCR 13.903621
SDG 601.491784
SEK 9.16645
SGD 1.28398
SHP 0.750259
SLE 24.075001
SLL 20969.503664
SOS 570.585342
SRD 38.335503
STD 20697.981008
STN 20.777943
SVC 8.75133
SYP 11056.879194
SZL 16.631683
THB 31.106089
TJS 9.19119
TMT 3.51
TND 2.909675
TOP 2.40776
TRY 42.847155
TTD 6.803263
TWD 31.434031
TZS 2473.446983
UAH 42.191946
UGX 3610.273633
UYU 39.087976
UZS 12053.751267
VES 288.088835
VND 26312.5
VUV 121.140543
WST 2.788621
XAF 556.301203
XAG 0.014049
XAU 0.000224
XCD 2.70255
XCG 1.802508
XDR 0.691025
XOF 556.303562
XPF 101.141939
YER 238.449761
ZAR 16.661815
ZMK 9001.199718
ZMW 22.577472
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0400

    23.05

    +0.17%

  • RBGPF

    1.0400

    81.26

    +1.28%

  • NGG

    0.1400

    77.38

    +0.18%

  • GSK

    0.0550

    48.905

    +0.11%

  • RELX

    -0.0750

    41.055

    -0.18%

  • BP

    -0.2500

    34.33

    -0.73%

  • AZN

    0.3200

    92.46

    +0.35%

  • BTI

    0.1450

    57.185

    +0.25%

  • RIO

    -0.2700

    80.7

    -0.33%

  • BCE

    0.1650

    22.895

    +0.72%

  • RYCEF

    0.2000

    15.56

    +1.29%

  • JRI

    0.0700

    13.48

    +0.52%

  • BCC

    1.3600

    74.59

    +1.82%

  • VOD

    0.0150

    13.075

    +0.11%

  • CMSD

    -0.0070

    23.013

    -0.03%

Australia bidding to host UN climate summit, set new emissions target
Australia bidding to host UN climate summit, set new emissions target / Photo: © AFP/File

Australia bidding to host UN climate summit, set new emissions target

Australia will present a more ambitious UN emissions target "very soon" and is bidding to co-host a COP summit with Pacific island neighbours, Foreign Minister Penny Wong said Thursday, signalling a ground shift in climate policy.

Text size:

During a first solo overseas visit since her centre-left government was sworn in, Wong admitted that on the climate, "Australia has neglected its responsibility" under past administrations.

She told hosts in Fiji's capital Suva that there would be no more "disrespecting" Pacific nations or "ignoring" their calls to act on climate change.

"We were elected on a platform of reducing emissions by 43 percent by 2030 and reaching net-zero by 2050," Wong said.

"And we're not just going to say it, we will enshrine it in law and we will submit a new nationally determined contribution to the UNFCCC (United Nations Framework Convention on Climate Change) very soon."

Under conservative leadership, Australia -- already one of the world's largest gas and coal exporters -- has also become synonymous with playing the spoiler at international climate talks.

Wong said the new Labor government wanted to upend that record by co-hosting a future climate summit.

"We have proposed a bid to co-host a future UN Conference of the Parties with Pacific Island countries and I'm looking forward to further discussions in the region about this idea."

Asked by a reporter whether Australia was simply paying lip service to climate action given its vast coal exports, Wong said: "It is true we export a lot of coal to China."

But she added that Australia was seeking to manage its economic transition in "a way that enables continued economic prosperity and equity".

Labor had proposed before its May 21 election victory that it would seek to co-host a UN climate summit in 2024.

To do so, it would need to win the support of two UN country blocs to skip the queue, as well as its proposed Pacific islands co-hosts, said a report this month by the independent research group, the Australia Institute.

But Australia could "reset" its reputation as a climate laggard and a poor regional neighbour if it did so, Richie Merzian, climate director at the institute, said.

Australia's 2019-2020 "Black Summer" bushfires and subsequent east coast floods highlighted the deadly and catastrophic consequences of climate change.

But past Australian governments have resisted calls to cut carbon emissions from 2005 levels faster than its current commitment of up to 28 percent by 2030.

O.Tse--ThChM