Impact Report August, 2016 | Page 20

PROGRAM: PATHWAYS TO DEEP DECARBONISATION IN 2050 Back in September 2014, ClimateWorks Australia and the ANU launched Australia’s Pathways to Deep Decarbonisation in 2050: How Australia can prosper in a low carbon world report at the UNFCCC assembly in New York. Developed with CSIRO, this work is part of the Deep Decarbonisation Pathways Project, a collaborative initiative to understand how 15 countries, representing 70% of global CO2 emissions, can transition to low carbon economies. In 2015-2016, this work continues to attract extensive engagement from governments, business and industry, including Prime Minister and Cabinet, The Climate Change Authority, AGL, the Victorian Government, South Australian AUGUST Government and the Queensland Department of Environment. JULY APRIL 2015 April 2015 Influences AGL decision to exit coalfired electricity over the next 35 years and ramp up investment in renewable energy capacity, as part of a new plan to decarbonise its generation portfolio by 2050 20 Contributes to Shadow Environment Minister Mark Butler’s announcement of 50% renewable energy by 2030 policy Used by Australian Government in post 2020 Emissions Target - Australia’s INDC of 26-28% for COP21 in Paris