The response

The response

(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.

Legislation set to be introduced next year 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 reading 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. Please send updates to manager@braid.org.nz so this list can be expanded.