The SMC asked experts
to comment on the news.
Ivan Diaz-Rainey, Director,
Climate and Energy Finance Group (CEFgroup), University of
Otago, comments:
“Today’s announcement that
KiwiSaver default funds will exclude any investments in
fossil fuel production is welcome news. The announcement is
another step in the process of greening the New Zealand
financial system and the economy more generally. There is a
sense that Treasury is finally putting serious weight behind
the climate change agenda. It follows soon after a
disclosure that some Budget
2021 budget bids will account for climate costs with a
shadow carbon price and the announcement late last year
Press Release – Science Media Centre The news is part of a suite of changes made to KiwiSaver default provider schemes . The new arrangements will take effect on 1 December 2021 . The SMC asked experts to comment on the news. Ivan Diaz-Rainey, Director, Climate and Energy Finance Group …
The SMC asked experts to comment on the news.
Ivan Diaz-Rainey, Director, Climate and Energy Finance Group (CEFgroup), University of Otago, comments:
“Today’s announcement that KiwiSaver default funds will exclude any investments in fossil fuel production is welcome news. The announcement is another step in the process of greening the New Zealand financial system and the economy more generally. There is a sense that Treasury is finally putting serious weight behind the climate change agenda. It follows soon after a disclosure that some Budget 2021 budget bids will account for climate costs with a shadow carbon price and the announcement late last year that all large financial institution
Press Release – Science Media Centre The news is part of a suite of changes made to KiwiSaver default provider schemes . The new arrangements will take effect on 1 December 2021 . The SMC asked experts to comment on the news. Ivan Diaz-Rainey, Director, Climate and Energy Finance Group …
The SMC asked experts to comment on the news.
Ivan Diaz-Rainey, Director, Climate and Energy Finance Group (CEFgroup), University of Otago, comments:
“Today’s announcement that KiwiSaver default funds will exclude any investments in fossil fuel production is welcome news. The announcement is another step in the process of greening the New Zealand financial system and the economy more generally. There is a sense that Treasury is finally putting serious weight behind the climate change agenda. It follows soon after a disclosure that some Budget 2021 budget bids will account for climate costs with a shadow carbon price and the announcement late last year that all large financial institution