New Zealand’s projected greenhouse gas emissions to 2050
The latest projections of New Zealand’ greenhouse gas emissions to 2050. How we are tracking towards our 2050 target of net zero emissions of all greenhouse gases other than biogenic methane.
The latest projections of New Zealand’ greenhouse gas emissions to 2050. How we are tracking towards our 2050 target of net zero emissions of all greenhouse gases other than biogenic methane.
Under target accounting forestry is projected to account for most of the decrease in net emissions to 2050, with relatively low decreases in emissions from the other sectors. Previous projections showed target accounting emissions decreasing to 47.5 Mt CO2-e by 2050. This is now 39.4 Mt CO2-e by 2050.
The new emissions projections to 2050 incorporate information from New Zealand's greenhouse gas inventory which provides emissions data up to 2018.
The projections assume only existing policies, including a carbon price of $35 per tonne of CO2-e in the Emissions Trading Scheme.
High and low emissions scenarios were also calculated but are not included in this update, as these will be published as part of the Fifth Biennial Report. This data will be available if requested.
Methodological updates that have been used in the projections have not yet been applied to historical years. Base year emissions will be updated for New Zealand’s next annual National Inventory Report. The latest Inventory emissions data is for 2018, but projected emissions for 2020 were chosen as more relevant reference year in this summary.
Data file for the graph [Excel, 68 KB]
Link to data file [Excel, 28 KB]
New Zealand’s target accounting emissions are projected to decrease from 62.7 Mt CO2-e in 2020 to 39.4 Mt CO2-e in 2050, a 37 per cent reduction on 2020 levels by 2050.
The gap between the target accounting emissions and the commitment periods shows how much more we need to reduce emissions by to achieve our targets (the level of ambition).
The updated projections narrow the gap between our projected emissions and the Paris and Zero Carbon Act targets, but more work needs to be done.
Emissions over the 2021-2030 period are projected to be closer to the NDC budget than the 2019 projections due to a revision to the methodologies and new GHG Inventory data.