A $2 billion investment fund from the Australian government for clean energy: Explainer 07 March

The ten member nations flags of the ASEAN

The ten member nations flags of the Association of South East Asian Nations (ASEAN) flags and partners. Source: EPA

Leaders from South East Asian nations have gathered in Melbourne for the Association of Southeast Asian Nations' special summit. Issues with the South China Sea, Myanmar, and climate change dominated diplomatic talks, with Australia announcing billions to advance relationships in the region.


Leaders from nine Southeast Asian travelled to Melbourne this week, for an ASEAN summit.

Although Australia isn't part of the association, it has a standing relationship with the group, with the special summit this year marking 50 years since Australia became ASEAN's first dialogue partner.

Director of La Trobe Asia Professor Bec Strating says it's a strong institution.

The headline announcement from this year's summit is a $2 billion investment fund, focusing on the clean energy transition.

Head of the Climate and Security Policy Centre at the Australian Strategic Policy Institute, Dr Robert Glasser says it will help Australia engage in the region.

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