The Ministry of Trade, Industry, and Energy of South Korea and three Australian government departments signed a landmark Green Economy Partnership Arrangement on December 20. This agreement is set to enhance bilateral trade and investment in clean economy sectors while focusing on bolstering energy security and supply chain cooperation. Key aspects of the partnership include the development of a stable hydrogen supply chain, advancements in carbon capture, utilization, and storage, and the promotion of clean energy innovation. The partnership is expected to diversify energy supply chains, improve energy security, and create opportunities for job creation and sustainable economic growth. The officials from both countries have highlighted the significance of the agreement in fostering advanced technologies, global market access, and cooperation in achieving mutual climate goals. Overall, the agreement between South Korea and Australia signifies a strong commitment to advancing clean energy industries and working towards shared climate objectives.