The NSW Government is committed to maintaining a strong economy, improving the quality of life for the people of NSW and protecting the environment.
That’s why the NSW Government’s objective is to achieve net zero emissions by 2050 by creating new jobs, cutting household costs and attracting investment.
This Net Zero Plan Stage 1: 2020–2030 (Plan) sets out how the NSW Government will deliver on these objectives over the next decade. The plan is focused on the next decade because rapid changes in technology make identifying the lowest cost path to net zero difficult. Plans for the second and third decades of the net zero path will be developed in the lead-up to the 2030s and 2040s respectively.
The purpose of the plan is to give NSW families and communities confidence that the challenges posed by climate change can be solved by improving – not eroding – their prosperity. It will also send a clear message to local and international investors that New South Wales is open for business when it comes to delivering on our economic, social and environmental ambitions.
The plan is financially supported by a Bilateral Memorandum of Understanding on Energy and Emissions Reduction Policy between the Commonwealth and NSW Governments (Bilateral).
The plan is set out in four parts:
- A global challenge with local opportunities – the trends and opportunities arising from global climate change action
- Progress and projections – progress within New South Wales to date to reduce emissions and future projections
- The net zero priorities – the NSW Government’s net zero priorities
- Keeping track – the Government’s approach to keeping track of its progress.