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Paris Agreement

Exposing ‘risks hiding in plain sight’ – accounting for offshore carbon credits

Thursday - Media release | The McGuinness Institute has published a discussion paper on how New Zealand’s commitment to purchase offshore carbon credits under the Paris Agreement should appear in financial statements.

Carbon auction preview: Experts predict likely failure and govt lost revenue “own goal”

18 Jun 24 - Experts are picking tomorrow’s carbon auction will fail, with no incentive for participants to bid at prices more than 20% higher than the current secondary market price.

Humanity must extract seven to nine billion tonnes of CO2 from the atmosphere every year

5 Jun 24 - Media release | New State of Carbon Dioxide Removal report shows the need for a much stronger set of policies.

Govt looking at policy to restrict forestry in the ETS: Watts

7 May 24 - By Liz Kivi | The government is looking at complementary policies around land use to restrict forestry in the Emissions Trading Scheme, rather than making changes directly to the scheme.

Climate Change Minister now in Cabinet after reshuffle

26 Apr 24 - Climate Change minister Simon Watts now has a seat at the Cabinet table.

NZ to cooperate with Philippines on international climate target, pledges $41 million climate finance to Southeast Asia

23 Apr 24 - By Liz Kivi | New Zealand has made its first tentative step towards forging an international agreement to meet its United Nations climate target by buying offshore offsetting.

Fast-Track legislation wrong track for climate targets, say lawyers

22 Apr 24 - Fast-Track legislation will take New Zealand further off track from meeting climate change obligations - and places the country at risk of breaching them, according to Lawyers for Climate Action.

Australia's climate change policy threat to the Pacific: former Tuvalu PM

19 Apr 24 - By Jeremy Rose | Former Tuvalu prime minister Enele Sopoaga declared Australia’s climate change policy a threat to the survival of the Pacific at a gathering in Wellington yesterday.

Emissions down for 2022

18 Apr 24 - Aotearoa New Zealand’s gross greenhouse gas emissions fell by 4% in 2022, according to new figures.

In its current state the ETS will fail to deliver significant emission reductions: Rod Carr

28 Feb 24 - By Jeremy Rose | Climate Change Commission chair Rod Carr has told the Environment Select Committee that, in its current state, the ETS will fail to deliver significant emissions reductions.

Environmental Defence Society says "radical anti-environment government" could harm NZ's reputation

27 Feb 24 - The Environmental Defence Society says the government’s environmental policies could cause environmental harm as well as threaten New Zealand’s international reputation.

Wave of civil disobedience could upset corporate balance sheets

26 Feb 24 - By Jeremy Rose | Companies ignoring the potential cost of protests, which could reduce the economic value of carbon intensive investments, are risking the future viability of their businesses, a...

MfE lays out issues for new minister

13 Feb 24 - Environment officials’ briefings to incoming ministers are a guarded affair with the papers outlining issues and choices, including what the new government wants to do with resource management laws,...

EU free trade agreement with “ambitious” climate commitments a step closer

2 Feb 24 - New Zealand’s Free Trade Agreement with the European Union, which carries sanctions if one of the parties doesn’t meet climate commitments, is a step closer. However the country’s climate targets...

ACT’s proposed climate bill ‘concerning’ - expert

25 Jan 24 - A private member's bill from the ACT Party could delay gross emissions reductions and ultimately threaten New Zealand’s climate targets, according to an expert.

COP28 president says his firm will keep investing in oil

18 Dec 23 - Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal.

COP28 “frustrating” but some significant breakthroughs - experts

15 Dec 23 - Small island states facing the existential threat of climate change were particularly effective negotiators at the latest UN climate summit, according to a Kiwi expert.

Watts tells COP28 NZ is committed to "ambitious" NDC

11 Dec 23 - In his first major speech on climate change since becoming the minister, Simon Watts re-stated New Zealand’s commitment to meeting our “ambitious” Nationally Determined Contribution.

Climate minister confirms commitment to international climate targets

8 Dec 23 - Climate Change minister Simon Watts confirmed New Zealand’s commitment to the Paris Agreement ahead of flying to Dubai for the annual United Nations climate summit.

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