Prime Minister Anthony Albanese supports global commitments to climate change action as Australia positions itself as an attractive place for renewable investment. Australia and other world leaders also called for higher taxes on the ultra rich and a ceasefire in the Middle East at the G20 summit in Brazil. Australia is trying to attract investment in its critical mineral sector, given its rich deposits of rare earths. Despite uncertainties surrounding the impact of the incoming US President Donald Trump's policies, Australia remains an attractive place for overseas investment due to its abundance of wind and solar resources.