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Central bank turns eye to carbon in investments

4 Mar 2021

 

THE RESERVE Bank is reviewing the carbon footprint of its sovereign investments.


There are calls in Europe and the United States for so-called Green Quantitative Easing, where central banks commit to purchasing green bonds as part of their QE programmes.


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Story copyright © Carbon News 2021

Related Topics:   Energy Green finance

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New Zealand
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Red Stag boss questions $60m cement support as timber ETS reforms stall

Today 12:00pm

By Oli Lewis | The Government has granted $60 million to an emissions-intensive industry while dragging its feet on a proposal to allow firms making harvested wood products to earn carbon credits in the Emissions Trading Scheme, an industry leader says.

Climate Change Minister Simon Watts (right) with Australian Climate Change and Energy Minister, and COP31 head of negotiations, Chris Bowen.

Govt brushes off 'damning' assessment of stalled emissions reductions

Today 12:00pm

By Liz Kivi | The Government is downplaying the Climate Change Commission’s “damning” report on the country’s stalled emission reductions, while experts say policy changes since the Coalition Government came into power are squarely to blame.

Businesses told to plan ahead as energy risks mount

Today 12:00pm

By Shannon Morris-Williams | Switching to electricity and improving energy efficiency are becoming increasingly attractive investments in the face of rising costs – and companies can no longer afford a "business as usual" attitude to energy, according to a new report.

Only Genesis can invest in Huntly, Treasury told ministers

Today 12:00pm

Treasury backed Crown investment in Genesis Energy because only Genesis could invest in Huntly Power Station, but argued the company had no special claim on building more renewable generation.

SBC Chief Executive Mike Burrell

Business leaders say climate report ‘wake-up call’ for NZ

Today 12:00pm

By Liz Kivi | CEO-led organisations representing 42% of GDP are calling the Climate Change Commission’s latest report “a significant wake-up call for New Zealand.”

West Coast council holds off on climate adaptation plan

Today 12:00pm

By Vihan Dalal, Local Democracy Reporter | The West Coast Regional Council is holding off on preparing a climate adaptation plan until a proposed law change advances further in Parliament.

Disappointment and shock as Govt strikes out iwi-council deals

Today 12:00pm

By Craig Ashworth, Local Democracy Reporter | The iwi that last week signed an environmental deal with Taranaki Regional Council is “deeply disappointed” the agreement won’t survive Government law changes.

NZ at risk of missing all its climate goals: Commission

Wed 22 Jul 2026

By Liz Kivi | Aotearoa New Zealand’s rate of emissions reduction needs to more than double, with progress stalling since 2024 after the Coalition Government took power, according to the latest report from the Climate Change Commission.

Resource management Bills 'not yet ready to be enacted', says Upton

Wed 22 Jul 2026

By Oli Lewis | The two Bills to replace the Resource Management Act are not ready to be enacted and there is no way of knowing how they will affect the environment, the Parliamentary Commissioner for the Environment says.

Green Party co-leaders Marama Davidson and Chlöe Swarbrick

Green Party takes ‘electric election’ up a notch

Tue 21 Jul 2026

By Liz Kivi | The Green Party is promising to cut power bills and establish a publicly owned company, ‘Kiwipower,’ to deliver affordable renewable energy.

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