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Response: NZ policies and strategies

NZ’s policies and strategies

(Image: NOAA)

NZ’s policies and strategies

  • Climate change impacts every aspect of our lives, so the policies now being put into place by Government Ministries, regional, and local councils must reflect the key legislative tool: the Climate Change Response (Zero Carbon) Amendment Act, which came into effect 13 November 2019.
  • The Public Sector is to be carbon-neutral by 2025
  • The Climate Change Commission was set up to provide impartial advice, challenge and hold the Government to account on climate action.
  • Legislation set to be introduced this year (2020) will force large financial organisations in New Zealand to disclose how exposed their business and investments are to climate change-related risk. If this is passed, it will be a world-first financial strategy to force companies to protect themselves and their investors from stranded assets and the physical risks posed by climate change. It will also force them to divest investments in fossil-fuel related industries.

“Many large businesses in New Zealand do not currently have a good understanding of how climate change will impact what they do. The changes I am announcing today will bring climate risks and resilience into the heart of financial and business decision-making. It will ensure the disclosure of climate risk is clear, comprehensive and mainstream.”Climate Change Minister James Shaw, 2020

The following is not exhaustive and we would recommend checking them on the basis that some pre-date the key Climate Change Response Act and the Climate Change Commission that was formed as a result of this and the Paris Agreement

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