Final report: Advice on the fourth emissions budget

This report provides our advice to the Government on setting Aotearoa New Zealand’s fourth emissions budget (covering the period 2036–2040).

As part of this work, we also advise whether revisions are needed to the first, second and third emissions budgets, and on the rules that apply to emissions budgets. It follows consultation on draft advice in April–May 2024.

This report is required under sections 5J, 5ZA and 5ZE of the Climate Change Response Act 2002.

Download full report:
Advice on Aotearoa New Zealand's fourth emissions budget [PDF – 8.80 MB]

Executive summary:
Executive summary: Advice on the fourth emissions budget

Media release:
Commission delivers first review of the 2050 target and fourth emissions budget

Supporting documents:
Modelling and data: Final reports on the fourth emissions budget and 2050 target review