Australia has announced an ambitious new climate target, pledging to reduce greenhouse gas emissions by 62–70% below 2005 levels by 2035. The move marks a significant escalation in the country’s climate commitments and aligns with its broader goal of achieving net-zero emissions by 2050.
The federal government also launched a $7 billion climate funding initiative aimed at accelerating the transition to clean energy, supporting industrial decarbonization, and bolstering climate resilience. The package includes investments in renewable infrastructure, green hydrogen development, and regional job creation.
Climate Minister Chris Bowen emphasized that the new target reflects scientific advice and international expectations. “This is about securing Australia’s economic future while protecting the environment,” he said.
Environmental groups welcomed the announcement but urged stronger enforcement mechanisms and faster coal phase-outs. Critics, meanwhile, questioned the feasibility of the target without deeper reforms in transport and agriculture.
Australia’s updated pledge will be submitted to the United Nations as part of its Nationally Determined Contribution under the Paris Agreement. The move positions the country more firmly within the global climate action framework ahead of COP30.
