Australia and the Republic of Korea (ROK) have entered into a new bilateral agreement termed the Green Economy Partnership Arrangement (Green EPA) to enhance their cooperation in climate and energy. The agreement focuses on fostering clean energy industries, trade opportunities, and supply chains. It aims to establish a stable hydrogen supply system while also emphasizing carbon capture, storage, and utilisation (CCUS) as well as addressing trade barriers. Australia has completed necessary procedures for international agreements related to the transboundary movement of carbon dioxide and is progressing in its carbon capture initiatives. The partnership involves collaboration between three Australian ministries and ROK, aiming to strengthen the clean energy industry and expand opportunities for corporations. The Federal Minister for Climate Change and Energy highlighted the agreement's potential to boost Australia's renewable energy sector and support its goal of becoming a renewable energy superpower. The sentiment towards this partnership is notably positive, with both countries expressing their commitment to achieving net zero emissions by 2050. This agreement is a significant step towards deepening cooperation on clean energy and aligns with the global efforts to combat climate change.