- Australia commits to a 62–70% cut in emissions by 2035, up from its 43% by 2030 target.
- Government unveils $7 billion in new climate finance, including a Net Zero Fund and CEFC capital.
- The pledge comes amid political division at home and rising global scrutiny ahead of the UN General Assembly.
Australia has raised its climate ambition, committing to cut emissions by 62–70% by 2035 compared with 2005 levels, a significant step up from its previous target of 43% by 2030. Prime Minister Anthony Albanese announced the new goal on Thursday alongside senior ministers and the Climate Change Authority (CCA),
