One expert says climate targets can seem abstract but matter because they serve as an ‘investment signal’ to cashed up investors
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The UK’s announcement of an 81% emissions cut below 1990 levels by 2035 shows the Australian government should set an ambitious climate target that will quickly drive investment and create clean industries, experts say.
The UK prime minister, Keir Starmer, was praised by campaigners and experts after confirming the pledge at the Cop29 UN climate summit in Azerbaijan, though they said it would need to be backed by clear plans. The UK is one of the first larger countries to announce a 2035 target before a UN deadline next February.
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