Australian COP President (Negotiations) has Potential for Economic Wins
20 November 2025
Australia holding the COP31 Presidency for Negotiation provides the potential to shape and share in the benefits of an effective global response to the opportunities and threats of climate change.
Australia cannot act alone to minimise climate risks and realise economic opportunities. COP31 provides our best chance to accelerate the global climate action which is necessary for ongoing stability and prosperity across the globe.
Australia can and should structure and use the President for Negotiations position to influence international climate negotiations and accelerate solutions that reduce risk and unlock opportunity.
The formal leadership position in COP31 negotiations also provides a platform to influence the “Action Agenda” to be ambitious and maximise opportunities for Australia and our region.
Australia and the Pacific’s carriage of the pre-COP program can also keep momentum in climate adaptation, with the Pacific Resilience Fund being of particular importance to the region.
Quote from Rebecca Mikula-Wright, CEO of IGCC
“COP31 is a once-in-a-generation opportunity for Australia to hold the pen on negotiations shaping global climate action while driving sustainable economic growth.
“Australia must seize every possible opportunity to push for global climate ambition that translates into real economic opportunity and resilience for our communities.”
Global action is essential and IGCC looks forward to working with governments, investors, and business leaders to ensure COP31 delivers a strong policy platform that drives sustainable development and positions our region for long-term success.