Topics tagged with 'Green finance'
Kiwi cleantech companies on the world stage
27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Budget 2025 needs to prioritise a thriving and resilient Pacific region
16 May 2025
Media release | World Vision New Zealand is urging the government to prioritise Pacific prosperity and resilience with strong investment in climate finance and foreign aid as part of Budget 2025.
Greens promise to rapidly reduce emissions in new Green Budget
14 May 2025
By Shannon Williams | The Green Party has unveiled its alternative Green Budget, promising bold investments to tackle the climate crisis and deliver cleaner air, water, and soil.
Banking regulators agree to prioritise climate risk work
14 May 2025
Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid pushback from the United States.
Germany’s €100 billion green gamble: Inside the nation’s bold climate investment
13 May 2025
In the race for a net-zero future —Germany’s latest €100 billion climate investment package is so large it has been dubbed a "green bombshell."
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
EECA and Centre for Sustainable Finance partner to unlock private capital for clean energy
1 May 2025
Media release | The Centre for Sustainable Finance: Toitū Tahua (CSF) and EECA (Energy Efficiency and Conservation Authority) have, today, announced a strategic partnership to accelerate private investment in New Zealand’s energy transition. This collaboration aims to address barriers to financing renewable energy projects and energy efficiency projects.
Second 'woke banks' bill aims to remove climate disclosures
30 Apr 2025
By Shannon Williams | The ACT Party has joined the fight against so-called "woke" banks by introducing a member’s bill aimed at repealing laws that require banks and other financial institutions to report on climate-related disclosures.
Experts slam govt decision to wind down green investment bank
9 Apr 2025
The government’s move to scrap its green investment bank is a step backwards for emissions reductions and doesn’t stack up with the National Party’s economic and energy transition strategies, according to sustainable finance experts.
Risky business – banks must consider climate risks, commissioner says
3 Apr 2025
Banks considering climate risks is prudent business practice, not just environmental activism, according to Parliamentary Commissioner for the Environment Simon Upton.
Germany’s €100bn climate funding
24 Mar 2025
Germany’s parliament has voted to create a €500bn defence and infrastructure fund and relax “constitutionally-protected debt rules,” with “the last-minute backing of the Greens” in return for guarantees that €100bn of the funds destined for infrastructure would be allocated for climate and economic transformation investments.
Carbon credit deal to provide windfall for Maori landowners
21 Mar 2025
By Moana Ellis, Local Democracy Reporting | An isolated Maori Land Trust in the central North Island has sealed a groundbreaking carbon credit deal, securing millions for its 4000 owners and tens of thousands of beneficiaries.
New report exposes climate finance failures
20 Mar 2025
Media release | A new climate finance report highlights failings in funding urgent climate action.
KiwiSaver fossil fuel investment up 18% 'alarming disconnect'
5 Mar 2025
KiwiSaver investments in fossil fuels jumped to $4.42 billion in September 2024, marking an 18% increase from $3.75 billion in March 2024, according to Mindful Money.
FMA should expose 'greenwashing' investment funds - Coates
3 Feb 2025
If the Financial Markets Authority is serious about tackling greenwash, they should call out KiwiSaver and investment funds that claim to be ethical while investing in the worst fossil fuel companies, says Mindful Money's Barry Coates.
NZ submits first Paris Agreement progress report
19 Dec 2024
New Zealand has submitted its first report to the UN on how the country is tracking towards its international climate target to 2030 under the Paris Agreement.
NZGIF chair quits following SolarZero collapse
13 Dec 2024
NZ Green Investment Finance chair Cecilia Tarrant has resigned in the wake of the SolarZero debacle.
New Zealand Green Investment Finance shares Ministers' concerns with SolarZero liquidation
6 Dec 2024
Yesterday representatives of New Zealand Green Investment Finance (NZGIF) met with its Shareholding Ministers to discuss matters relating to the voluntary liquidation of SolarZero.
Auckland Council awards grants to advance community climate action
4 Dec 2024
Media release | Auckland Council has approved $260,000 from a total funding pool of $372,451 to support 11 community-led initiatives addressing climate change projects from sustainable water infrastructure to increasing access to bikes.
Pacific Youth hope historic hearing in the Hague delivers climate justice where COP did not
3 Dec 2024
Media release | Save the Children is urging world leaders to heed the call of Pacific children and young people as a landmark action to clarify states’ obligations to tackle the climate crisis gets underway before the International Court of Justice.
New Zealand must step up and pay our fair share post-COP29
29 Nov 2024
Media release | World Vision New Zealand and Oxfam Aotearoa are urging the New Zealand Government to seize the momentum off the back of the global climate conference, Cop29, and pay our fair share toward global climate action.
Investment lagging in climate action – report
27 Nov 2024
A new report looks at the barriers to investment at the core of the priorities of COP29.
‘Underwhelming’: Poor countries push for way more climate funding than the EU is floating
21 Nov 2024
Privately, however, some conceded they may have to settle for the lower figures for now as COP29 talks amble toward the finish line.
New carbon market rules could lock out forestry
19 Nov 2024
By Liz Kivi | New carbon market rules negotiated at the United Nations climate summit could have negative consequences for carbon forestry in New Zealand, experts are warning.
What is the ‘new collective quantified goal’ on climate finance?
19 Nov 2024
Countries need to invest trillions of dollars to build clean-energy systems, prepare for an increasingly hotter world and deal with the aftermath of climate change-fuelled disasters, and the UN climate convention specifically requires developed nations to provide climate finance to help developing countries do this.
Pacific debt surging as climate impacts hit
18 Nov 2024
Media release | With Pacific countries swamped by surging climate debt, New Zealand has the moral authority to head off a regional debt crisis, says Caritas Aotearoa New Zealand.
XRB delays obligations on Scope 3
15 Nov 2024
The External Reporting Board has decided to delay the obligation to report and assure scope 3 emissions - indirect emissions from an organisation's supply chain - but has retained its requirement for climate-reporting entities to publish transition plans.
NZ experts on UN climate conference
12 Nov 2024
With the United Nations’ major climate summit kicking off in oil-rich Azerbaijan, New Zealand’s climate policy experts are divided over the value of the meeting.
Carbon markets could boost climate action in least developed countries
6 Nov 2024
Media release | UNCTAD’s Least Developed Countries Report 2024 highlighted on Monday that the group of 45 least developed countries (LDCs) could use carbon market projects to enhance climate action by offsetting the buyers’ emissions at improved rates which will allow more investment.
COP29: What is the ‘new collective quantified goal’ on climate finance?
6 Nov 2024
As nations assemble at COP29 in Baku, Azerbaijan, one issue is expected to dominate the summit: climate finance.
Biodiversity summit makes some breakthroughs but fails to progress finance
5 Nov 2024
COMMENT: The UN’s biodiversity summit ended in a race against the clock at the weekend, writes David Hall, who was at the conference representing Aotearoa start-up the Toha Network.
Carbon credits essential part of decarbonisation toolkit: new report
31 Oct 2024
Carbon credits remain at the heart of global efforts to limit dangerous climate change, with prices predicted to rise towards US$125 by 2035, according to new analysis.
NZ adopts 'underwhelming' Commonwealth Ocean Declaration
30 Oct 2024
Commonwealth nations including Aotearoa and Pacific Island states have adopted the Apia Commonwealth Ocean Declaration.
Use KiwiSaver for climate action, urges charity
25 Oct 2024
Media release | New Zealand charity Mindful Money is calling on Kiwis to drive climate action with their investments.
Govt finances still don’t recognise climate liability
17 Oct 2024
Treasury has failed to recognise a liability for New Zealand’s international climate commitments in its latest financial statement, with its position unchanged on the multibillion dollar price tag of purchasing offshore mitigation.
NZ must work with other countries to reach climate goals: new research
14 Oct 2024
By Liz Kivi | Aotearoa’s international climate targets can only be met through funding significant emissions reductions in other countries. But a lack of public support to spend this money overseas is paralysing New Zealand’s progress towards its goal, according to researchers.
Amazon state that will host COP30 strikes largest carbon credit sale in history
9 Oct 2024
A coalition of developed countries and corporations has agreed to a massive purchase of carbon credits from the Amazon rainforest worth $180 million.
Centre seeks experts to classify sustainable claims
4 Oct 2024
The Centre for Sustainable Finance is looking for experts in sustainable finance, agriculture, and forestry, to develop the agriculture and forestry taxonomy for Aotearoa New Zealand.
Carbon offset pioneer charged with $100 million fraud scheme
4 Oct 2024
US regulators say Australian national Ken Newcombe faked data for carbon credits investment. The Goldman and World Bank veteran denies the allegations but is facing up to 20 years in jail.
Fossil fuel dominance of India’s power mix to end by 2030, says central bank
3 Oct 2024
India's burgeoning economy continues to be overwhelmingly powered by fossil fuels including coal, but that dominance will be consigned to the history books by end of this decade, according to the country's central bank.
ESG is dead. Long live ESG
1 Oct 2024
OPINION: We must urgently address the tension between profitability and sustainability.
'Why are carbon offsets not dead yet?'
26 Sep 2024
Journalist and environmental activist George Monbiot discusses neoliberalism, nature, and negative consequences with the Australia Institute's Climate and Energy program director.
Govt developing sustainable finance strategy
23 Sep 2024
The government is partnering with the Centre for Sustainable Finance to develop a sustainable finance strategy for Aotearoa New Zealand.
500 finance institutions call for better govt climate policy ahead of COP29
20 Sep 2024
More than 500 financial institutions, collectively worth more than $29 trillion in assets under management, have written to national governments urging them to update and introduce policies to unlock investment into climate action and nature restoration.
NZ’s decision to restart fossil fuel exploration will be ‘hard to explain to future generations’: leading climate scientist
19 Sep 2024
By Liz Kivi | The government’s plan to restart oil and gas exploration is set to lock in higher levels of global warming, according to a leading Australian climate scientist.
New reports highlight NZ’s opportunity to boost climate finance
29 Aug 2024
Media release | Two new reports reveal how New Zealand can meet its climate finance obligations ahead of COP29.
Progress on work to classify 'sustainable' economic activity
7 Aug 2024
It may include some taxing terminology, but a ‘sustainable finance taxonomy’ could be just what the doctor (or the accountant) ordered for investors keen to ‘go green’.
Investment sector must accelerate climate action – new research
9 Jul 2024
A survey of investors managing more than $230 billion suggests the sector is moving too slowly to bankroll climate action.
NZ to cooperate with Philippines on international climate target, pledges $41 million climate finance to Southeast Asia
23 Apr 2024
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.
Banks need to actively manage climate-related risks: Reserve Bank
23 Apr 2024
Too little climate action taken too late will cut banks’ profits, but won’t threaten bank solvency or financial stability, according to the latest Reserve Bank modelling.
Slash for cash turns storm debris into jobs and climate resilience
Thu 19 Feb 2026
A community-led initiative in Tairāwhiti is transforming storm-damaged forestry slash into jobs, soil regeneration and long-term climate resilience.
Govt's solar on farms initiative to cut costs, boost resilience
Tue 17 Feb 2026
Farms across Aotearoa will begin installing solar panels and battery systems as part of a government-backed demonstration programme designed to test whether on-farm renewable energy can reduce electricity costs and improve energy security for the food and fibre sector.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
Tue 17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
New study looks to nature markets to accelerate climate response
Wed 18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
Thu 19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Carbon price drops as volatility continues
Tue 17 Feb 2026
By Liz Kivi | The carbon market is still displaying extreme volatility, with prices dropping back to below $40 yesterday, after trading as high as $46.25 last week.
As Trump retreats from climate goals, China is becoming a green superpower
Thu 19 Feb 2026
How the world's biggest carbon emitter is now at the helm of a renewables revolution.
Carbon market rallies but auction floor still out of reach
13 Feb 2026
By Liz Kivi | The carbon market has rallied, with secondary market prices up more than 25% in the past two weeks, although current prices in the mid-$40s are still far below this year’s $71 auction floor, with the first auction of 2026 less than three weeks away.
Flawed decision-making around taxing electricity to fund LNG import terminal
Mon 16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
Thu 19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
EU weighing options to support industry in carbon market overhaul
9 Feb 2026
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.
US pressures global energy body to drop net zero modelling
Thu 19 Feb 2026
The United States is calling on the world's most influential energy organisation to abandon net zero emissions scenario modelling that has informed much of the global green transition, arguing the targets are unrealistic.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
Wed 18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Outdated land-use system unfit for modern environmental regulation, commissioner warns
Mon 16 Feb 2026
By Shannon Morris-Williams | New Zealand’s long-standing Land Use Capability (LUC) system is no longer fit for regulatory decision-making, according to a new review from the Parliamentary Commissioner for the Environment.
Calls for action to reduce emissions as extreme weather bites
Tue 17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Green Member’s Bill aims to give whales legal ‘personhood’
9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Claims that AI can help fix climate dismissed as greenwashing
Wed 18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Australian gas producer Santos wins court fight over net zero claims
Wed 18 Feb 2026
An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Ministers celebrate fast-track milestone amid criticism
10 Feb 2026
By Shannon Morris-Williams | The government is marking the first anniversary of its fast-track approvals regime, saying it is helping “build New Zealand’s future”, despite continued criticism from environmental groups, opposition parties, and industry voices following several controversial project decisions.
Minister’s letters: Mildly positive or just virtue signalling?
5 Feb 2026
By Liz Kivi | The carbon market was buoyed slightly yesterday, after letters between the Government and the Climate Change Commission were proactively released.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Partnership to advance Pacific science and environmental leadership
Thu 19 Feb 2026
Media release | Waipapa Taumata Rau, University of Auckland, and the Secretariat of the Pacific Regional Environment Programme have signed a Memorandum of Understanding (MoU) to strengthen collaboration in Pacific-led science, research and capacity-building, with a strong focus on environmental sustainability and ocean stewardship.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Kiwi startup takes on global plastic pollution
12 Feb 2026
A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.
Renewables could meet energy gap without LNG imports: report
Wed 18 Feb 2026
By Shannon Morris-Williams | Importing liquefied natural gas to support electricity supply could lock households and businesses into higher energy costs for decades, while cheaper and more secure alternatives are already available, according to a new report from the New Zealand Green Building Council.
New climate ambassador appointed amid mounting scrutiny of Govt policy
Thu 19 Feb 2026
By Shannon Morris-Williams | The Climate Change Minister has appointed senior diplomat Stuart Calman as New Zealand’s new Climate Change Ambassador, as the Government's climate agenda faces growing criticism from environmental groups, renewable energy advocates and policy experts.
78% of NZers want bottom trawling banned as Govt pushes to catch more coral in South Pacific
Tue 17 Feb 2026
Media release | New polling shows overwhelming support from New Zealanders for a ban on bottom trawling in the South Pacific high seas, says Greenpeace.
Critical minerals talks with US questioned in Waitangi Tribunal climate inquiry
9 Feb 2026
By Shannon Morris-Williams | New Zealand and the United States' negotiations over critical minerals have raised questions for the Waitangi Tribunal’s long-running inquiry into climate change.
Modi's rooftop solar push slowed by reluctant lenders, states
Thu 19 Feb 2026
Indian Prime Minister Narendra Modi's push to accelerate the rollout of rooftop solar power is falling short of targets despite heavy subsidies due to loan delays and limited support from state utilities, vendors and analysts say.
Antarctic sediment core reveals past ice sheet retreat during warmer climates
Wed 18 Feb 2026
A record-breaking sediment core drilled from beneath the West Antarctic Ice Sheet is giving scientists new insight into how the ice sheet responded to warmer climates in the past — and what that could mean for future sea-level rise.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
China starts sea trials for largest electric-powered container ship
Tue 17 Feb 2026
China’s first 10,000-ton electric containership is beginning sea trials. The shipyard is billing the ship as the largest of its kind and a further breakthrough in short-sea shipping.
Climate ambassador moves on
13 Feb 2026
By Liz Kivi | The Government is on the hunt for a new top climate diplomat, with previous climate ambassador Stu Horne moving on to a posting in Honolulu as New Zealand’s Consul General to Hawai’i.
EU to ban destruction of unsold clothes and shoes
12 Feb 2026
The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.
New research on climate adaptation as severe weather hits
Mon 16 Feb 2026
As extreme weather batters the country yet again, researchers have published the first ever empirical study of climate adaptation justice in Aotearoa New Zealand.
Argentina fires ravage pristine Patagonia forests, fueling criticism of Milei’s austerity
4 Feb 2026
The wildfires, among the worst to hit the drought-stricken Patagonia region in decades, have devastated more than 45,000 hectares (174 square miles) of Argentina’s forests in the last month and a half, forcing the evacuation of thousands of residents and tourists.
Hydrogen plant to start construction
10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
