World leaders must “safeguard the planet” for the generations to come, Scott Morrison has told a virtual G20 summit event overnight.
The Prime Minister reaffirmed Australia’s commitment to the Paris Agreement, saying our nation was on track to beat its emissions reduction target.
His speech follows pressure from the opposition to sign up to a 2050 net zero emissions target.
“Australia is committed to practical pathways to reduce our emissions and meet our emission reduction targets,” Mr Morrison told the event.
“We’ve got great form on achieving our goals, what we’ve set, we’ve met and we’ve exceeded.
“As G20 leaders we all have important responsibilities to the present but also for the future, for the generations to come.”
Mr Morrison called on other nations to pursue economic models to reduce emissions but also create growth.
He shared ideas from his government’s technology roadmap that encourages investment in low emission technologies such as hydrogen, carbon capture and storage and green steel.
As the two-day summit hosted by Saudi Arabia concluded overnight, G20 leaders pledged to ensure affordable and equitable access to a coronavirus vaccine for all nations.
They also committed their support for developing countries as they tackle the dual health and economic crises sparked by the pandemic.