New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM).
The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999.
Rebuilding New Zealand’s economy will rely on the valuable agricultural sector working sustainably towards our climate change goals.
The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis.
A specialised Independent Technical Advisory Group (ITAG) tasked with preparing and publishing independent non-binding advice on the design of a "green" (sustainable finance) taxonomy rulebook is being establish
The first New Zealand Emissions Trading Scheme (NZ ETS) auction of 2024 resulted in a partial clearance today, marking the first time New Zealand Units (NZUs) have been sold at auction since December 2022.
Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says.
Recommendations from the Climate Change Commission for New Zealand on the Emissions Trading Scheme (ETS) auction and unit limit settings for the next five years have been tabled in Parliament.
Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says.
Space Minister Judith Collins and Climate Change Minister Simon Watts today welcomed the successful launch of MethaneSAT – a milestone in the development of New Zealand’s space sector.
The Government is today introducing and progressing under urgency a Bill to repeal the Taxation Principles Reporting Act 2023, Revenue Minister Simon Watts says.
Climate Change Minister Simon Watts has welcomed the Climate Change Commission’s advice on the second emissions reduction plan.
Climate Change Minister Simon Watts will be leaving for Dubai today to attend COP28, the 28th annual UN climate summit, this week.
New Zealand needs a strong and stable Emissions Trading Scheme (ETS) that is well placed for the future.
