Australia sets its most ambitious climate target, aiming for 62–70% emissions cut by 2035
Australia’s greenhouse gas emissions target has reached a new milestone, with the Albanese Government committing to cuts of 62–70% below 2005 levels by 2035 — the country’s most ambitious climate pledge ever made. The commitment is backed by a detailed Net Zero Plan covering six economic sectors, giving investors, industries, and workers a clear roadmap rather than a headline number alone. Treasury modeling projects the transition will support economic growth and keep electricity prices lower than an unplanned fossil fuel exit would produce. With Australia seeking to co-host COP31 alongside Pacific Island nations, this pledge carries significant diplomatic weight on the world stage.









