Australia has announced a significant step-up in its climate ambition, committing to reduce greenhouse gas emissions by 62–70% below 2005 levels by 2035. This revised target marks a notable increase from the country’s earlier 2030 commitment and reinforces Australia’s long-term objective of achieving net-zero emissions by 2050.
The updated target will be submitted as part of Australia’s revised Nationally Determined Contribution (NDC) under the Paris Agreement, signalling stronger alignment with global climate transition efforts.
A$7 Billion Climate Funding Package Announced
Alongside the new target, the Australian Government has unveiled a A$7 billion climate funding package aimed at accelerating decarbonisation across key sectors of the economy. The funding is expected to support:
- Clean energy deployment and low-carbon technologies
- Industrial decarbonisation initiatives
- Public–private investment mechanisms to scale climate-aligned projects
Institutions such as the Clean Energy Finance Corporation are expected to play a key role in channeling this capital toward climate-focused investments.
What This Means for ESG Disclosures
With more ambitious national targets in place, expectations around emissions measurement, transition planning, and climate-related disclosures are likely to increase. Organisations will need to ensure that emissions data, targets, and assumptions are well-structured, transparent, and supported by consistent data governance as climate commitments translate into reporting and assurance requirements.
How EcoActive Supports Climate-Ready Reporting
EcoActive supports organisations in managing climate and sustainability data in a structured, governed environment, helping teams prepare disclosures that align with evolving regulatory and policy expectations.
By enabling consistent emissions data management, traceable calculations, and audit-ready reporting workflows, EcoActive helps organisations respond to climate targets with greater clarity, confidence, and control.
Call to Action
As climate targets become more ambitious, the need for reliable, audit-ready ESG data becomes critical.
Explore how EcoActive can support your climate and sustainability reporting journey.
