diff --git a/DESCRIPTION b/DESCRIPTION
index 1a7b2139..93bc138a 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: r2dii.analysis
 Title: Tools to Calculate Climate Targets for Financial Portfolios
-Version: 0.1.5.9000
+Version: 0.1.6
 Authors@R: 
     c(person(given = "Jackson",
              family = "Hoffart",
diff --git a/NEWS.md b/NEWS.md
index 8e591de7..2b64cdf3 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# r2dii.analysis (development version)
+# r2dii.analysis 0.1.6
 
 * `target_market_share()` now correctly outputs `technology_share` with
   multiple loans at different `level` to the same company (@ab-bbva #265).