Australia’s emissions continue to fall!
The nation’s emissions have fallen to the lowest level on record at 20.8% below the 2005 levels which is the baseline for the Paris Agreement. Between 2005 and 2019 our emissions fell faster than Canada, New Zealand, Japan, the United States, and the OECD average!
Since signing the Paris Agreement in 2015, the Australian Government has committed over $15 billion into enhancing Australia’s resilience through making our natural resources, environment, and water infrastructure more resilient to the challenges we face in our climate, including drought and natural disasters.
This figure includes the $5 billion Future Drought Fund, $3.5 billion for the National Water Grid Authority, $2 billion in bushfire recovery funding and more than $2 billion to increase the resilience of the Great Barrier Reef.
Our updated forecast show that Australia is on track to meet and beat our 2030 Paris target.
Over the last two years, our position against our 2030 target has improved by more than 639 million tonnes. That is equivalent to taking all of Australia’s 14.7 million cars off the road for 15 years.
The Intergovernmental Panel on Climate Change (IPCC) findings have highlighted the need for high quality information to inform our planning decisions.
The Federal Government is committed to taking strong action to build climate resilience for our future generations, including investments in climate adaptation.
Our technology-led approach to reducing emissions will see Australia continue to play its part in the global effort to reduce emissions without compromising our economy or jobs.
