Australia Commits to Aggressive 2035 Emissions Target with New Net Zero Plan
Australia has unveiled a new, highly ambitious climate policy, committing to a 62-70% reduction in emissions by 2035, compared to 2005 levels. This new target is a major step up from its previous goal and is backed by a comprehensive Net Zero Plan designed to guide the nation toward a sustainable, low-carbon future. The government's plan outlines a series of strategies and significant financial investments to drive the energy transition.
Key Pillars of the Plan
The government’s strategy is built on several key pillars:
• Financial Investment: The plan is supported by a significant injection of funds, including a major boost to the Clean Energy Finance Corporation (CEFC), Australia’s green bank. Additionally, a new $5 billion Net Zero Fund has been established to accelerate the dev...









