Australia is expected to host the UNFCCC Conference of the Parties in 2026 (COP31), together with Pacific Island Nations.
This global event will shine a spotlight on Australia’s climate change action, providing an opportunity to demonstrate leadership at home and in our region.
About our COP31 work
COP31 provides an opportunity for Australia to demonstrate leadership and credibility on climate change both at home, and through our international climate finance and support.
Private sector finance and investment has a critical role to play in accelerating global climate action – it should be a core focus of Australia’s COP31 strategy. ASFI’s COP31 Work Program will support the Government to deliver ambitious climate finance outcomes at COP31.
ASFI’s COP31 Work Program is working collaboratively with the finance sector to support the Australian Government to deliver a successful COP31.
Our COP31 work program has three pillars:
Engage: Supporting effective engagement between Australian financial institutions and Government in relation to COP31 planning and the UNFCCC process.
Advocate: Developing, testing and promoting a set of well-researched proposals for COP31 initiatives on private finance, including domestic policy settings, and regional/global initiatives.
Execute: Leading initiatives to unlock private sector finance and investment into net zero aligned activities for COP31, in collaboration with government, financial institutions and other partners.
Leveraging ASFI’s expertise in climate finance policy and programming, sustainable finance, UNFCCC negotiations and international development, and with the generous support of our Steering Committee, this program will work across public and private sectors to drive and enable impactful climate finance outcomes for COP31.
ASFI COP31 Work Program SteerCo Members
ASFI acknowledges the following organisations for their generous support of this work program.
Founding members
Members
COP31 Trade, Finance and Investment Agenda
Menu of High Impact Initiatives for COP31
Australia has a unique opportunity to shape an ambitious agenda for COP31.
This note sets out six high-impact initiatives under the banner of trade, finance and investment; five of which are designed to break down barriers to decarbonisation, and one focused on adaptation and resilience.
Each initiative advances Australia’s interests in accelerating regional decarbonisation, driving demand for future green exports, and aligning with Pacific priorities on climate action.
They build on areas where Australia has recognised expertise, and many will require close cooperation between government agencies, alongside effective public-private collaboration.
