The Climate Change Authority has begun developing its approach to the 2035 emissions reduction target advice it is expected to deliver to the Australian Government in late 2024.

This approach includes an economic modelling exercise that is currently in its preliminary stages. The Authority has released a consultation paper seeking stakeholder feedback on the exercise. 

The Authority proposes that its advice on future emissions targets be based on four pillars: 

  1. international considerations
  2. wellbeing 
  3. sectoral pathways 
  4. economic analysis 

Economic modelling is a key input to the ‘economic analysis’ pillar.

This consultation paper outlines the Authority’s early thinking on a modelling approach, including potential scenarios and assumptions. 

Feedback on this consultation paper will inform the development of the modelling approach and related analysis, and support the Authority’s advice to the Government.

If you are an expert in climate change or economic modelling or have views on how the Authority should approach economic modelling, we want to hear from you.

To make a submission, please review the consultation paper: [PDF] [WORD]

Submissions can be made via our Consultation Hub(Opens in a new tab/window)

Submissions close 15 September 2023.

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