The Climate Change Act 2017 includes a long-term target for Victoria of net zero greenhouse gas emissions by 2050.
The Act also requires the setting of five-yearly interim emissions reduction targets. The first two interim targets – for 2021-25 and 2026-30 – must be determined by 31 March 2020. Interim targets will be set to ensure Victoria stays on track to achieving net zero emissions by 2050.
The Victorian Government is not waiting until 2020 to act. It has set a target to reduce Victoria’s emissions by 15 to 20 per cent below 2005 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.