Australia will pledge $1.5 billion over five years to help build a more climate-resilient world and set up a new agency to deal with disaster resilience and risk reduction.
Environment Minister Sussan Ley will make the pledge on Tuesday in an online address to an international climate adaptation summit hosted by The Netherlands.
Australia will be among 118 nations involved in a call for action in raising ambition for climate adaptation and resilience.
Ms Ley said work was needed, in collaboration with scientists, communities and traditional owners, to act and adapt to an already changing climate.
“In July 2021, Australia will establish a National Resilience Relief and Recovery Agency as well as Climate and Resilience Services Australia to drive adaptation, enhance resilience and ensure effective relief and recovery from natural hazards,” she will say.
“As part of our commitment to build a more climate-resilient world, Australia has pledged new global finance of at least $1.5 billion over the period 2021 to 2025, a 50 per cent increase on the previous period.”
The agency was one of the recommendations of last year’s bushfire royal commission, taking on the functions of not only the bushfire recovery agency but flood response and recovery responsibilities.
Climate and Resilience Services Australia will make better use of national climate and natural disaster risk information to prepare for and build resilience to natural disasters.
The summit is being held in the lead up to the UN climate summit in the UK in November.
Australia’s southeast was ravaged by bushfires over the 2019-20 summer.
Scientists say such major disasters are expected to be more intense and frequent as the globe warms.