2023 Annual Progress Report
ID:
3645
Authors:
Climate Change Authority
Year:
Resource Type:
Report
Subject:
Emissions reduction & sequestration
Policy & regulation
Geographic Coverage:
Australia
In accordance with section 14 of the Climate Change Act 2022, the Climate Change Authority submitted its second annual Climate Change Statement to Parliament.
The Climate Change Authority’s second Annual Progress Report includes 42 recommendations the authority considers would enhance the prospects of achieving Australia’s targets, and promote a prosperous and resilient Australia in a world transitioning to net zero emissions.
The report, provided to the Minister on 27 October, found that Australia is not yet on track to meet its 2030 emissions reduction target. The Australian Government is pursuing a broad and deep climate change policy agenda, but this has yet to translate into the emissions reductions needed.
Australia’s greenhouse gas emissions were 467 million tonnes in the year ending June 2023, an increase of four million tonnes on the previous year. To achieve a 43% reduction in emissions by 2030 compared with 2005 levels, and net zero emissions by 2050, Australia will need to decarbonise at an average annual rate of 17 million tonnes.