In addition to the event being an important global discussion, Mr Bowen said the UN Summit was also “the world’s biggest trade fair” and hosting the event would “show Australia’s capacity to help the world as a renewable energy powerhouse”.
"It’s an opportunity to work closely with our Pacific family, and we will seek to co-host the bid with the Pacific to help elevate the case of the Pacific for more climate action," he said.
"It’s an important opportunity to help the rest of the world. To take the next step forward."
Mr Bowen will lead the Australian delegation this year, with Prime Minister Anthony Albanese staying put to focus on issues at home.
Meantime, climate expert Professor Stephen Bygrave said this year's meeting could be the one of the most important conferences so far.
"It is about turning some of those pledges from Glasgow into progress.
"We need to strengthen 2030 targets, we need stronger action on phasing out fossil fuel subsidies, and there is also a global methane pledge," he said.
"It is important that Australia put its best foot forward."
- Prof Stephen Bygrave
Egypt is hosting this year's United Nation's 27th meeting on Climate Change, which begins on Sunday.
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