In September 2022, the Australian federal government legislated national emissions reduction targets of 43 per cent below 2005 levels by 2030 and net zero emissions by 2050.
The global Paris Agreement aims to limit global temperature rise this century to well below 2 degrees Celsius above pre-industrial levels, and to pursue efforts to limit temperature rise to 1.5°C. Since Paris, it has become increasingly evident that limiting global warming to 1.5°C will result in better outcomes for the planet and the economy.
This report analyse the targets, policies and programs announced by Australian federal, state and territory governments, with a particular focus on policies introduced since the publication of a previous report on state and territory climate action. States and territories have allocated billions of dollars to emissions reduction measures and have also made significant regulatory and legislative changes.