Labor to Spend Additional $150 Million on Global Climate Change Initiatives

The Albanese goverment will spend $100 million of that money to support climate change projects in Pacific nations.

An aerial view of Erakor island and the coastline of Port Vila, Vanuatu on Dec. 7, 2019. Mario Tama/Getty Images

The Australian government has unveiled $150 million (US$99 million) in new spending on global climate change initiatives, with a focus on aiding Pacific nations. 

The announcement was made while ministers attended the Cop28 United Nations Climate Change Conference in Dubai, allocating $100 million to the Pacific Resilience Facility (PRF) and $50 million to the Green Climate Fund (GCF).