COP31 Trade, Finance and Investment Agenda

Public Policy

6 June

ASFI’s COP31 SteerCo has outlined a trade, finance and investment agenda; consisting of five high impact initiatives 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.

DOWNLOAD THE AGENDA

The COP31 Work Program

Private sector finance and investment has a critical role to play in accelerating global climate action, and 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 and is working collaboratively with the finance sector on three key 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.