Officials from Australia and Germany today signed a Declaration of Intent to establish an Australia-Germany Energy and Resources Working Group.
Minister for the Environment and Energy Josh Frydenberg and Minister for Resources and Northern Australia Matthew Canavan made the announcement in a joint statement today.
They said the working group will explore long-term energy strategies in Australia and Germany that create stable investment conditions and increase the energy productivity in both countries, including the diversification of each country’s energy supply.
“It will be an opportunity to learn from each other in addressing the issues we are facing in a transforming energy sector as we move to a lower emissions future,” the statement said.
“Trade and investment, technological developments and environmental impacts in the resources sector will also be explored by this group.
“Relevant industry and research communities are expected to play an integral role in meetings and approved collaborative activities.
“This should result in significant business and collaborative research opportunities for Australia, Germany and their respective regions.”
The establishment of the group fulfils one of the Australia-Germany Advisory Group’s recommendations to strengthen dialogue on energy, energy security and climate change related matters.
The Australia-Germany Advisory Group was established in 2014 to identify ways to broaden and strengthen the relationship between Australia and Germany.