Collaborative Path to Net zero
In this report, we explore opportunities for Australia and China to work together and share knowledge to achieve net zero. We shine a light on examples to inspire and inform others. This report is not seeking to comprehensively cover what is a vast and ever-evolving landscape. We have chosen to inspect sectors that have among the most immediate and largest impacts on climate change. We aim to plant seeds for ongoing conversations about what is needed and what is possible.
Download the full report or read the chapters below.
This report is produced in partnership with the Australia China Business Council under its landmark Green Channel initiative. Green Channel highlights the opportunities for Australian businesses arising from increased collaboration with China on outcomes addressing the climate challenge.
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14.51MB, 51 Pages
CHAPTERS
Click on one of the chapters below to begin reading.
THE CLIMATE CHALLENGE
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Chapter 1: Targets and working together
By leveraging strong economic and trade complementarities, Australian and Chinese businesses are well positioned to unlock new opportunities and deliver a greener future.
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Chapter 2: Powering a net zero world
In 2020, 85% of China’s primary energy needs were met with fossil fuels and 72% in Australia. This is the base from which China and Australia must transform their energy generation and use.
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Chapter 3: Mining and future-facing industries
Surging demand for exports of iron ore, coal and minerals over the last three decades, much due to China’s growth, has brought significant wealth to Australia.
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Chapter 4: Transport and mobility
Transport is among the most emissions-heavy sectors. In 2019 the sector represented 23% of global energy-related emissions according to the 2022 Intergovernmental Panel on Climate Change (IPCC) Mitigation Report.
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Chapter 5: Green cities
The greening of our buildings and cities is critical in the pursuit of a net zero economy.
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Chapter 6: Green finance and carbon markets
According to the United Nations’ financing roadmap to net zero, the lion’s share of the USD32 trillion of funding needed for decarbonisation efforts in the next decade must come from the private sector.
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Chapter 7: Climate-smart food and agribusiness
Agriculture is both affected by climate change, and a contributor to troubling emissions. Governments around the world will not meet their climate goals without major changes to food production and consumption.
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Chapter 8: Beyond collaboration: the heart of the challenge
The issue of a global climate challenge and agreed emission targets by definition crosses borders. Confronting it requires international cooperation.
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