In a new Lowy Institute Analysis paper released today, Howard Bamsey and Kath Rowley argue that a failure to pay high-level attention to international climate change negotiations raises several risks to the national interest. Australia and Climate Change Negotiations: At the Table, or on the Menu? argues that climate change negotiations are changing the global economy in ways that matter to Australia. Strong, constructive engagement in those negotiations by Australia would serve climate, economic and other national goals.

'As one of the world's biggest fossil fuel producers and exporters, Australia has an important stake in when and how the world pursues emissions reductions,' say Bamsey and Rowley.

Climate change negotiations will create new norms, standards, rules and laws. These developments create challenges and opportunities for Australian businesses and individuals. Bamsey and Rowley argue that ministerial leadership, a strong negotiating team, and active support for preparations for the Paris conference in December would return much needed momentum to Australia's negotiating effort.

Read or download the Analysis from the Lowy Institute website.

Photo by Flickr user The Danish Wind Industry.