Victoria's Climate Change Act 2017 establishes a long-term target of net zero greenhouse gas emissions by 2050.

The Act also requires five yearly interim emissions reduction targets, to keep Victoria on track to meet this long-term target. The first two interim targets – for 2021-25 and 2026-30 – must be determined by 31 March 2020. 

The following table outlines the six interim target periods to 2050 and when each interim target must be set.

Interim TargetTarget PeriodTarget must be set (on or before)
First1 Jan 2021 – 31 Dec 202531 March 2020
Second1 Jan 2026 – 31 Dec 203031 March 2020
Third1 Jan 2031 – 31 Dec 203531 March 2023
Fourth1 Jan 2036 – 31 Dec 204031 March 2028
Fifth1 Jan 2041 – 31 Dec 204531 March 2033
Sixth1 Jan 2046 – 31 Dec 205031 March 2038

The Victorian Government is not waiting until 2020 to act. To drive emissions reduction efforts prior to the legislated targets, the Victorian Government has also committed to reduce Victoria’s emissions by 15-20 per cent below 2005 levels by 2020, and reduce emissions from government operations by 30 per cent below 2015 levels by 2020.

These targets will guide government decision-making to ensure Victoria’s economy continues to thrive as the global community steps up action on climate change.