Carbon News
  • Members
    • Login
      Forgot Password?
    • Not a member? Subscribe
    • Forgot Password
      Back to Login
    • Not a member? Subscribe
  • Home
  • New Zealand
    • Politics
    • Energy
    • Agriculture
    • Carbon emissions
    • Transport
    • Forestry
    • Business
  • Markets
    • Analysis
    • NZ carbon price
  • International
    • Australia
    • United States
    • China
    • Europe
    • United Kingdom
    • Canada
    • Asia
    • Pacific
    • Antarctic/Arctic
    • Africa
    • South America
    • United Nations
  • News Direct
    • Media releases
    • Climate calendar
  • About Carbon News
    • Contact us
    • Advertising
    • Subscribe
    • Service
    • Policies

Topics tagged with 'Green finance'

More in: Green finance
Previous 1 2 3 4 5 6 7 5 of 7 Next

Central banks failing on climate action

25 Aug 2021

Released in advance of the Federal Reserve’s annual Jackson Hole meeting, a study assessing twelve of the world’s largest central banks against ten climate-related policy criteria has found all failing to align their lending, asset purchases and regulatory activities with the Paris Agreement target.

KiwiSaver funds slowly divesting from fossil fuels

24 Aug 2021

KiwiSaver funds’ investments in fossil fuel companies fell by $331 million in the six months to March, according to data released by ethical investment charity Mindful Money.

Insurance industry seeks to limit fossil fuel exposure

23 Aug 2021

With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector.

Climate Change investors group throws weight behind mandatory reporting

19 Aug 2021

The Investor Group on Climate Change – which includes Australian and New Zealand funds with more than $3.2 trillion under management – says the number of investors making climate-related disclosures remains too low and mandatory reporting is required.

Rise of the 'carbon capitalist'

18 Aug 2021

Matthew Roling, an adjunct professor of finance at Wayne State University, argues that carbon markets will become 'the largest commodity markets in history.'

NZ's only climate venture fund makes first investment ...in Australia

5 Aug 2021

Media Release - Climate Venture Capital Fund, New Zealand’s only dedicated climate-change venture capital fund, has made its first investment.

Climate change business conference announced

4 Aug 2021

Media Release - The Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) have joined forces with the Environmental Defence Society (EDS) to take the 2021 Climate Change and Business Conference - Now to Net Zero, to a new level.

Nearly 60% of the world’s aluminium comes from China, which recently capped new smelting because of its fat carbon footprint

The rise of greenflation

3 Aug 2021

The world faces a growing paradox in the campaign to contain climate change. The harder it pushes the transition to a greener economy, the more expensive the campaign becomes, and the less likely it is to achieve the aim of limiting the worst effects of global warming.

New centre for sustainable finance launched

29 Jul 2021

Media Release - Toitû Tahua, the Centre for Sustainable Finance, was launched today to implement the Sustainable Finance Forum’s 2030 roadmap for a sustainable financial system.

China avoids coal projects in Belt and Road for first time

28 Jul 2021

China didn't finance any coal projects via its Belt and Road Initiative in the first half, the first time that's happened since the plan was launched in 2013, the International Institute of Green Finance said in a report.

Mesoamerican Reef

First ecosystem with its own insurance policy

22 Jul 2021

A 100-mile stretch of coral reef in Mexico is now insured just like any other valuable asset. Is this the future of conservation?

Contact converts NZD$305m to Sustainability Linked Loans

13 Jul 2021

Media Release - Contact Energy (Contact) now has New Zealand’s largest group of Sustainability Linked Loans (SLLs) after converting its remaining NZD$305m of bank facilities to SLLs.

Big insurance companies launch net-zero climate alliance

12 Jul 2021

Eight of the world's leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition to a net zero emissions economy.

Emissions should be treated like financial debt: researchers

9 Jul 2021

Researchers have proposed a scheme that treats carbon emissions like financial debt.

EU to funnel hundreds of billions to sustainable finance

7 Jul 2021

The European Union says it will harness banks and markets to funnel hundreds of billions of euros annually into sustainable investments and create the first “climate-neutral continent” by 2050.

IGCC appoints new CEO

2 Jul 2021

Media Release - The Investor Group on Climate Change (IGCC) board has today announced the appointment of Rebecca Mikula-Wright as Chief Executive Officer of the organisation.

Winners at the Mindful Money Ethical and Impact Investment awards

1 Jul 2021

Media Release - The inaugural Ethical and Impact Investment awards were held on 29 June at Generator in Wynyard Quarter in an event with over 200 participants.

Climate risk critical to investment decisions: Orr

30 Jun 2021

Reserve Bank Governor Adrian Orr urged attendees at yesterday’s Mindful Money Awards to incorporate climate risk into how they invest and allocate capital.

90% of institutional investors taking climate change into account

30 Jun 2021

Ninety percent of institutional investors say climate change is the most significant ESG (environmental, social, governance) factor influencing their decisions to invest in a company.

France introduces corporate climate disclosures

23 Jun 2021

France is striving to confirm its position as a global leader in corporate climate disclosures with a new set of binding targets that require investors to declare how green their assets.

India, South Africa could pilot $2bn coal transition scheme

22 Jun 2021

A climate fund is looking for two or three coal-dependent emerging economies to pilot a scheme to accelerate a shift to cleaner industries by mobilising private finance.

Investors holding $41 trillion demand action on climate — now

11 Jun 2021

Investors managing more than $41 trillion in assets are loudly calling on world leaders to immediately step up their climate game if they don't want to miss out on a wave of clean energy investment.

CEOs urge world leaders to take bolder climate action

11 Jun 2021

More than 70 CEOs from some of the world's biggest companies have urged governments to do much more to tackle climate change, including forcing businesses to reduce their carbon emissions.

10 YEARS AGO...

8 Jun 2021

Ten years ago, the BNZ announced it would enter the NZ carbon market.

Reserve Bank to commit puutea to climate change

3 Jun 2021

The Reserve Bank will use part of its $85 billion balance sheet to help deal with the challenges of climate change, the bank’s head of financial markets Vanessa Rayner said in a speech released yesterday.

G7 nations committing billions more to fossil fuel than green energy

3 Jun 2021

The nations that make up the G7 have pumped billions of dollars more into fossil fuels than they have into clean energy since the Covid-19 pandemic, despite their promises of a green recovery.

Lawyers for Climate Action call on Govt to walk the talk

1 Jun 2021

Lawyers for Climate Action have told the Government that exempting government agencies from financial disclosure requirements would be a fundamental failure by government to lead by example.

Big oil faces its reckoning: Fortune

28 May 2021

Fortune Magazine declared yesterday a good day for the planet. "Three of the largest oil and gas companies were forced to make radical changes to curb their carbon emissions as the climate emergency pushed shareholders and a Dutch court to turn their backs on Big Oil."

Fossil fuel divestment is the road to climate justice

25 May 2021

Professor Susie O'Brien argues that oil is the lifeblood of our culture and climate crisis, and divestment is the way to achieve climate justice, in this opinion piece for The Conversation.

Investors jump into the climate risk space

21 May 2021

Big name investors are putting new capital behind "climate intelligence" — the sophisticated analytics that companies and governments will need to uncover and reduce risk in a warming world.

Best by the rest...

14 May 2021

Our weekly roundup of notable climate change stories featured in local media incudes: a compelling case for meatless meat, a survey showing times up for gas guzzlers, and the tipping point looming for business.

Niwa beefing up its climate research capability

4 May 2021

NIWA is on a global hunt for eight new data scientists to join its growing team of AI experts working on climate change related research.

10 YEARS AGO...

3 May 2021

Ten years ago, we were reporting that banks were starting to lend on carbon as forestry companies secured contracts as far forward as 2020.

Ardern touts NZ's climate action at summit

23 Apr 2021

Prime Minister Jacinda Ardern used her appearance at President Joe Biden’s virtual Leaders’ Summit on Climate Change to extol the virtues of New Zealand’s response to the climate crises.

350 Aotearoa welcomes govt's stance

20 Apr 2021

MEDIA RELEASE - Climate justice organisation 350 Aotearoa is celebrating the direction from the government for the Accident Compensation Corporation (ACC) to accelerate its moves to divest from investments in fossil fuels.

New climate indices launched

14 Apr 2021

MEDIA RELEASE - Scientific Beta launches unique series of pure climate indices that translates companies' climate performance and alignment engagement into portfolio decisions

France's e-bikes for clunkers scheme

13 Apr 2021

France is offering the owners of old, exhaust-belching cars the opportunity to hand over their vehicles for scrap in return for a 2,500 euro grant to buy an electric bicycle.

Farage...from Ukip leader to green finance spokesman

29 Mar 2021

He has criticised Greta Thunberg for “alarmism” and wind power as “economic insanity”.

Oil pipeline tests the climate commitment of international banks

24 Mar 2021

Plans by Total to exploit and export Ugandan oil through a 1443 kilometre pipeline traversing east Africa to the Tanzanian coast are hanging in the balance as investors are under growing pressure to move away from fossil fuels.

Nature left alone offers more than if we exploit it

24 Mar 2021

Save nature, save money. It’s a simple argument. Wilderness cleared and ploughed offers us less than nature left alone.

Why Wall St says it's going green

17 Mar 2021

America's finance industry has backed polluters for decades. Now, amid growing pressure, Wall Street says it is going green.

Japanese bank bids for Green Climate Fund partnership

16 Mar 2021

This week’s Green Climate Fund board meeting is set for a showdown over whether to partner with a coal-backing Japanese bank.

HSBC latest bank to tackle coal financing

15 Mar 2021

HSBC says it plans to ramp up its climate change policies and stop financing coal projects by 2040, as long as shareholders back the move.

'I didn't want Bank of England job' - Carney

15 Mar 2021

Mark Carney earned a fortune at Goldman Sachs, but now the banker wants the financial sector to reassess its values and tackle the climate emergency

Green Climate Fund a 'toxic' environment, insiders say

15 Mar 2021

As John Kerry promises to “make good” on a $2 billion pledge to the Green Climate Fund, the UN’s flagship fund faces critically low confidence in its senior management

Paying for ecosystem services to save the planet

12 Mar 2021

The idea that ecosystems have monetary value now has global support — and creates a route to protecting Earth’s endangered regions.

Hall of shame: Missing the green recovery

11 Mar 2021

The world’s governments are failing to “build back better” from the covid-19 economic slump, the UN Environment Programme warns in a new report.

Central bank turns eye to carbon in investments

4 Mar 2021

The Reserve Bank is reviewing the carbon footprint of its sovereign investments.

Bank of England gets green remit

4 Mar 2021

The Bank of England’s remit has been changed to include a duty to support the country's net-zero carbon ambition.

Banks should publish green yardstick, says authority

2 Mar 2021

European banks should publish a “green-asset ratio” as a core measure of their climate-friendly business activities, says the European Union's banking watchdog.

Adaptation
More >

Governments must vote in favour of moratorium on deep sea mining

Tue 29 Jul 2025

Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.

Agriculture
More >
Awarua-Waituna Wetlands

Does NZ need a national incentive scheme for wetlands?

Fri 25 Jul 2025

By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.

Airlines
More >

NZ Post drops science-based climate target

8 Jul 2025

By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.

Aviation
More >

Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns

18 Jul 2025

Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.

Biodiversity
More >

Challenges persist in bid to mine the deep sea, even after boost from Trump

Tue 29 Jul 2025

After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.

Biofuels
More >

Sustainability claims questioned as renewable diesel surges

14 May 2025

Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.

Carbon Credits
More >
Huntly Power Station, the largest thermal power plan in New Zealand.

Is extending Huntly power station to 2035 in consumers’ best interest?

22 Jul 2025

By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?

Carbon News world
More >

At least 30 killed and several missing as heavy rains and floods lash northern China

Wed 30 Jul 2025

Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.

Carbon prices
More >

Bearish sentiment lingers for carbon market

11 Jul 2025

By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.

Coal
More >

Multi-day protest continues at coal mine

Wed 30 Jul 2025

Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.

Comment
More >

Forestry can be a big plus for sheep and beef farmers – but there are caveats

22 Jul 2025

By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.

Construction
More >

Common low-grade clay strengthens low-carbon concrete

5 Jun 2025

Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.

COP
More >

Cuts to climate finance put exports in jeopardy: Lawyers

23 May 2025

By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.

Emissions trading
More >

NZ voluntary carbon market’s sad state

14 Jul 2025

By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.

Energy
More >
Hiringa chief executive Andrew Clennett

Hiringa eyes green methanol plant near Whanganui

Tue 29 Jul 2025

By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.

Extinction
More >

Key orange roughy population on verge of collapse, govt considers closure

9 Jul 2025

Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.

Extreme weather
More >

A third of ‘slum residents’ in global south are exposed to disastrous flood risks

Wed 30 Jul 2025

One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.

Fishing
More >

Latest trawl bycatch numbers 'a grim wake-up call'

24 Jun 2025

Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.

Forestry
More >
Jim Ward, manager of Molesworth station for 24 years, resigned amid frustration with wilding pines and uncertainty about the station’s future.

Wilding pines threaten Molesworth Station

Mon 28 Jul 2025

By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.

Gas
More >

EV sales fall, but it’s complicated

Tue 29 Jul 2025

Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.

Geothermal
More >
Energy Minister Simon Watts addressing the CEP conference in Auckland this week

Watts talks big on energy reform, but barriers persist

29 May 2025

By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.

Greenhouse Effect
More >
Deepsea brittle star species from New Zealand, part of the Earth Sciences New Zealand's invertebrate collection in Wellington

NZ part of hidden global deep-sea network beneath the waves

Fri 25 Jul 2025

Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.

Greenwashing
More >
Prime Minister Christopher Luxon greets schoolchildren

‘Ideological sludge’: How NZ is quiet quitting climate action

17 Jul 2025

New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.

Hydro power
More >

Methanex closure comes early this year

14 May 2025

The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.

Hydrogen
More >

Taranaki mayors want hydrogen kick-start from Wellington

Mon 28 Jul 2025

By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.

Insurance
More >

Climate catastrophes are creating a ‘new market reality’ for insurance carriers

23 Jul 2025

Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.

Kyoto
More >

Will NZ walk away from the Paris Agreement?

20 Dec 2024

By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.

Litigation
More >
Newcastle is one of the largest coal export ports in Australis

The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations

Fri 25 Jul 2025

By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.

Low carbon
More >

All aboard for passenger rail in the golden triangle

Mon 28 Jul 2025

Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.

NZ ETS
More >

Urgent action needed to get on track for climate goals - commission

Fri 25 Jul 2025

By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.

NZ Market Report
More >

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.

Oceans
More >

Toxic algae are turning South Australia’s coral reefs into underwater graveyards

Tue 29 Jul 2025

Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.

Paris Agreement
More >
The landmark advisory, which significantly transforms the obligation of states regarding climate change, being delivered at the International Court of Justice in the Hague.

NZ govt’s fossil fuel plans could break international law

24 Jul 2025

By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.

Planetary boundaries
More >

Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’

11 Jul 2025

In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.

Plastics
More >

‘Total infiltration’: How plastics industry swamped vital global treaty talks

Mon 28 Jul 2025

Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.

Policy development
More >

Media round-up

Fri 25 Jul 2025

In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.

Politics
More >

As US climate data-gathering is gutted, Australian forecasting is now at real risk

Wed 30 Jul 2025

As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.

Protest
More >

Activists sue US development bank over $4.6bn loan to massive Mozambique gas project

18 Jul 2025

Environmental groups claim loan is ‘unlawful’ in legal filing.

Rare earth minerals
More >
New Zealand Minerals Council chief executive Josie Vidal

Straterra has a new name: the New Zealand Minerals Council

16 Apr 2025

Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.

Renewable energy
More >

China's carbon emissions may have peaked thanks to renewables push

Mon 28 Jul 2025

Climate experts say China's carbon emissions may have peaked, which could affect global climate targets, the fight against global warming – and the Australian coal industry.

Science
More >

Ocean heatwaves may signal climate tipping point

Fri 25 Jul 2025

A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.

Tax
More >

Climate groups want UK wealth tax to make super-rich fund sustainable economy

17 Jul 2025

Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.

Technology
More >

Can robot taxis solve NZ's transport woes?

23 Jul 2025

By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.

The House
More >

United Nations carbon market rules agreed but concerns remain

25 Nov 2024

New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.

Waste
More >

Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner

5 Jun 2025

By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.

Water
More >

The struggle for control of the Arctic is accelerating - and it's riskier than ever

11 Jul 2025

As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.

Wildfires
More >

UN University report warns against carbon credits from REDD, tree planting, and improved forest management

13 Jun 2025

But the report stops short of recommending banning the trade in carbon temporarily stored in trees.

Wind energy
More >

For the first time, China invests more in wind and solar than coal overseas

29 May 2025

China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.

More in: Green finance
Previous 1 2 3 4 5 6 7 5 of 7 Next
Carbon News

Subscriptions, Advertising & General

[email protected]

Editorial

[email protected]

We welcome comments, news tips and suggestions - please also use this address to submit all media releases for News Direct).

Useful Links
Home About Carbon News Contact us Advertising Subscribe Service Policies
New Zealand
Politics Energy Agriculture Carbon emissions Transport Forestry Business
International
Australia United States China Europe United Kingdom Canada Asia Pacific Antarctic/Arctic Africa South America United Nations
Home
Markets
Analysis NZ carbon price
News Direct
Media releases Climate calendar

© 2008-2025 Carbon News. All Rights Reserved. • Your IP Address: 216.73.216.71 • User account: Sign In

Please wait...
Audit log: