
Australia is on track to meet recently beefed up climate action targets once a raft of new measures, including a A$15 billion ($10.20 billion) national reconstruction fund, is implemented, the government said on Thursday.
Australia was for years an international laggard on efforts to prevent climate change but the recently elected Labor government has increased the target to reduce emissions to 43% by 2030, from up to 28% by 2030, after the party won power in May for the first time in almost nine years.