The decision on who will host COP31 has been postponed until next June. Regardless of whether Australia wins the bid, the world's third-largest fossil fuel exporter must focus on creating a plan to phase out its coal and gas production, Eco-Business reports.
The decision on who will host COP31 has been postponed until next June. Regardless of whether Australia wins the bid, the world's third-largest fossil fuel exporter must focus on creating a plan to phase out its coal and gas production, Eco-Business reports.
Australia and Pacific island nations had hoped to leave this year’s climate talks in Azerbaijan with the COP31 hosting bid secured. However, the decision has been deferred until June next year, after Australia’s federal election.
Türkiye, the only other competitor, has refused to step aside despite lobbying efforts, which could slow down preparations for a successful 2026 summit. Experts warn this delay might affect the summit’s goals, as building agreement and planning ambitious actions takes time.
Australia's joint bid with Pacific nations has garnered significant support, reflecting the region’s moral authority in climate action.
Climate Minister Chris Bowen played a pivotal role at COP29, advancing discussions on climate finance, which is central to building trust in global cooperation. By stepping into this leadership role, Bowen has positioned himself as a candidate to potentially preside over COP31, should Australia secure the bid.
Hosting COP31 presents an opportunity for Australia to transition from its role as one of the world’s largest exporters of coal and gas to a leader in clean energy.
South Australia, with its renewable energy ambitions, has emerged as a strong contender to host the summit, aiming to showcase innovations like green hydrogen and steel production. These advancements could elevate Australia's economic prospects and climate credibility.
Nevertheless, Australia faces mounting pressure to phase out fossil fuel production, with emissions from exports more than doubling its domestic emissions. Pacific nations and climate experts continue to call for urgent action, urging Australia to set ambitious emissions targets and demonstrate genuine commitment to tackling the climate crisis.
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