Australia

Climate Solutions Package

Executive

Policy

Passed in 2019

In 2019, the Australian government announced the Climate Solutions Package, an AUD 3.5 billion investment to deliver on Australia's 2030 Paris climate commitments.which consolidated a number of existing government programs and policies, and initiated a several new ones. New initiatives include, among others:

An AUD 2 billion Climate Solutions Fund, which continues and expands the focus of the government's existing Emissions Reductions Fund.
The 'Energy Efficient Communities' programme, aimed to improve energy efficiency standards and labeling, increasing energy efficiency of homes, businesses, and communities.
Emhanced investment in pumped storage solutions, e,g. Snowy 2.0 and Snowy 2.0 and 'Battery of the Nation'.
Mandating the creation of a National Strategy for Electric Vehicles
Support to local communities

Documents

Full text

Climate targets in this law

2 targets

Reduce HFC use by 85% by 2036

Economy-wide | Target year: 2056
Reduce emissions 26-28 percent by 2030 compared to 2005 levels

Economy-wide | Target year: 2030 | Base year: 2005