Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2015
Effective Start Year: 
2016
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy, Power, Industry, Transport, Multi-Sector, Other
Energy Types: 
Power, Renewable, Other
Issued by: 
New Zealand Government
Overall Summary: 
New Zealand commits to reduce GHG emissions to 30% below 2005 levels by 2030. New Zealand’s INDC will remain provisional pending confirmation of the approaches to be taken in accounting for the land sector, and confirmation of access to carbon markets.
Renewable Energy
RE targets: 
We have set a target of increasing renewable generation to 90 percent by 2025.
Environment
GHG emissions reduction targets: 
Time period 2021 to 2030. [...] Emissions will be reduced to 30% below 2005 levels by 2030. The 2005 reference has been chosen for ease of comparability with other countries. This responsibility target corresponds to a reduction of 11% from 1990 levels.---New Zealand [...] has gazetted a target of reducing emissions to 50 percent of 1990 levels by 2050.
Decarbonization strategy: 
Absolute reduction from base year emissions managed using a carbon budget.---The Climate Change Response Act 2002 (the Act) contains the legal framework which enables New Zealand to meet its international climate change obligations. The Act was amended in 2008 to encompass the New Zealand Emissions Trading Scheme (NZ ETS) which is New Zealand’s principal policy response for reducing domestic emissions and its primary mechanism to meet international emissions reduction commitments. --- New Zealand has committed $45 million to the Global Research Alliance on Agricultural Greenhouse Gases out to June 2019 and a further $48.5 million through the New Zealand Agricultural Greenhouse Gas Research Centre for research into technology to reduce agricultural greenhouse gas emissions. Maintaining support for this research will continue to be a priority for us.
Carbon markets: 
New Zealand’s INDC assumes that any rules agreed between Parties will allow for the following: [...] Use of international market mechanisms: Unrestricted access to global carbon markets that enable trading and use of a wide variety of units that meet reasonable standards and guidelines to:  ensure the environmental integrity of units/credits generated or purchased  guard against double-claiming/double-counting, and  ensure transparency in accounting.
Technology
Clean energy technology transfer: 
New Zealand also works with others to influence emissions well beyond our own footprint. New Zealand has a long-standing commitment to providing leadership in research, innovation and technical solutions to reduce greenhouse gas emissions from agriculture, and sharing this knowledge internationally.