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RB governor warns of climate change induced supply side shocks

Friday 3 Nov 23 10:30am

Tāne Mahuta - the Reserve Bank governor has been criticised for using the god of the forest as a metaphor

Reserve Bank governor Adrian Orr has warned that climate change is likely to cause supply side shocks similar to those of Russia’s invasion of Ukraine and the COVID pandemic.

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Latest in New Zealand

Media round-up (Today 11:00am)
Carbon credits essential part of decarbonisation toolkit: new report (Thursday)
Auckland Council opens consultation on environmental protection plan (Thursday)
Kiwi youth present climate action statement to politicians ahead of COP29 (Wednesday)
Sustainability reporting guide launched for SMEs (Wednesday)
Air New Zealand puts $1 million into biodiversity impact investment pilot (Tuesday)
Govt to invest $20 million for Pacific disaster and climate resilience (Tuesday)
Upcoming auction pivotal for carbon market (Tuesday)
RMA reform structure ‘teasers’ revealed (Tuesday)
Significant emissions from Waikato wetlands fire (25 Oct 24)

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