From 2024, half of all new aid investments worth over S$2.6 million will include a climate change objective. Read more at straitstimes.com.
SYDNEY - Australia will put climate change and local jobs at the centre of its international aid programme, in a policy overhaul designed to compete with China’s infrastructure-building in the region.
The Pacific Islands Forum has lobbied at global climate talks for greater access to financing to mitigate the impacts of climate change, which they say is hampered by red tape. “Australia is using all elements of our national power to advance our interests and shape the world for the better. Development and prosperity underpin peace and stability,” Ms Wong said in a statement.
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