Awesome this is now announced: NZ Government announces ringfenced Climate Emergency Response Fund through the annual Budget, with a 'down payment' from (also) ringfenced ETS proceeds
https://t.co/CG24K2y6PZ 🎉
Big news 🎉! NZ Government plans to issue sovereign green bonds from 2022 to support the low carbon transition and boost the sustainable finance market 🥂https://t.co/b3sLcQH53h #sovereigngreenbond
“Tackling #climate change and the degradation of nature are the greatest challenges of our time. Acting now and with urgency is essential”.
Today @theresa_may joins as @AldersgateGrp new Chair, and together we will champion a sustainable economy
Good to hear about where the @AotearoaCircle sustainable agriculture finance initiative is up to from Pip Best #RIaotearoanz21 how it can help with due diligence and how it relates to existing agriculture standards and the EU taxonomy - currently being finalised
Craig Weise: @NZGreenInvest looking at what different roles it might play in the market for longer term changes needed. You'll see NZGIF having more co-investment discussions over the next 12 months @RIAANews#RIAotearoa21
"Innovation in technology is important to drive change," Satoshi Ikeda states. "Japan has committed a 2 million yen fund to facilitate decarbonization towards 2030, where our goal is to accelerate carbon-neutral commitment from the corporate sector."
Alex White starts the conversation, noting that New Zealand's mandatory disclosures are part of an overall ambitious emissions reduction adaptation plan. When companies and governments think of their economic roles, they need to consider their impact on these larger efforts.
Our financial system was built on the assumption that the world’s climate is stable. We no longer live in such a world.
@POTUS's EO is a pivotal step in the effort to better identify and mitigate the financial and economic risks posed by climate change.
https://t.co/7hNuHv13Dc
Some of the climate announcements from #Budget2021: Minister of Finance announces intention to hypothecate (or recycle) Emissions Trading Scheme revenue from next year into emissions reductions programmes.
"My view is that the current way in which Budgets
are required to be produced makes it difficult to make the sustained and long-term investments needed to fix an intergenerational, multi-faceted, complex problem like climate change." Work to be done on this before next Budget.
Woohoo! Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill first reading today
- AKAK mandatory TCFD https://t.co/HJtYYfC3L2
Thrilled to see the ever-so-flamboyantly-titled "Financial Sector (Climate-related Disclosures and Other Matters) Amendment" bill tabled in Parliament today. A key step in helping to ensure markets begin to adequately price climate risk in Aotearoa.
https://t.co/FoQxPJdG1m
Starting Monday, fathers/accompanying person will be allowed in the ward with expectant mothers.
The accompanying person will need to have a negative COVID-19 test taken within 72 hours of visit.