report and the UK's NDC for 2030 (implying emissions of 1,585 MtCO₂e, including IAS emissions, over the Fifth Carbon Budget period), as our best indication of what is required to stay on track to our recommended Sixth Carbon Budget and the UK's 2050 Net Zero target. It is our assessment that the Fourth Carbon Budget is on track with the Balanced Net Zero Pathway, but that the Fifth Carbon Budget is not. Nor, therefore, is it aligned to our recommended NDC for 2030. Should the Government choose to amend the fifth Carbon Budget, its level should be 1,585 MICO.