New Zealand has pledged to take action in line with the undertakings of other countries and is committed by the Paris Agreement to increasing ambition as part of future stocktakes under the Agreement. New Zealand will continue to regularly review its contributions to international mitigation action, taking into account the latest science, development of new technologies, progress by other countries and the commitments we have made. Long-term target to reduce emissions to 50 per cent below 1990 levels by 2050. This target was notified in the New Zealand Gazette (New Zealand's official government newspaper and journal of constitutional record) in March 2011. The long-term target is in line with Intergovernmental Panel on Climate Change (IPCC) conclusions and the UNFCCC global goal of limiting warming to a maximum of 2°C above pre-industrial levels. This target provides long-term direction for New Zealand's domestic policies. First Paris Agreement Nationally Determined Contribution (NDC) to reduce emissions to 30 per cent below 2005 levels by 2030. This target is equivalent to 11 per cent below 1990 levels by 2030. The target is expressed in the NDC as an absolute reduction target to be managed using an emissions budget for the period 2021-2030.83