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Australia may miss its 2035 climate goal without more Chinese clean energy investment, a report warns.
Australia risks missing its 2035 net zero emissions target unless it attracts more Chinese investment in clean energy, a report by Climate Energy Finance warns.
Chinese firms have invested over $180 billion globally in solar, wind, batteries, and green hydrogen since 2023, but their investment in Australia has dropped 85% since 2018 to just 1.5% of total foreign inflows.
With 70% of Australia’s clean energy funding from overseas, experts say excluding Chinese capital could delay progress.
The report urges reforms like a transparent investment framework, a fast-track for renewable projects, and formal cooperation with China, stressing that strategic engagement is key to building resilient supply chains and staying competitive in the global clean energy transition.
Australia podría no alcanzar su objetivo climático de 2035 sin más inversiones chinas en energía limpia, advierte un informe.