31 Oct 2025
1 year ago
1262 views
Prime Minister Christopher Luxon and Minister for Trade and Investment Todd McClay, along with their Singaporean and Chilean counterparts, launched negotiations for the Green Economy Partnership Agreement (GEPA) in the Republic of Korea. The agreement aims to boost trade and investment opportunities in the global green economy, estimated to reach US$11 trillion by 2040, by focusing on areas such as sustainable finance, green goods and services, and low emissions fuel alternatives. The negotiations, set to continue until 2026, follow the signing of a Comprehensive Strategic Partnership with Singapore and underline New Zealand's commitment to meeting climate targets and fostering a greener economy through international collaboration.
22 Oct 2025
1 year ago
1391 views
Commerce and Consumer Affairs Minister Scott Simpson announces changes to support business growth and capital markets in New Zealand. The Government is adjusting climate reporting regulations to reduce costs and encourage listings on the NZX. Changes include raising the reporting threshold, adjusting liability settings, and excluding managed investment schemes. These adjustments aim to ensure robust reporting, maintain market competitiveness, and provide clearer information on investments for KiwiSaver and managed funds.
20 Oct 2025
1 year ago
1240 views
The Government has invested $8 million in lower methane dairy genetics research, with Agriculture Minister Todd McClay highlighting the opening of a new state-of-the-art methane research facility in Waikato. Livestock Improvement Corporation's new 'Methane Barn' will facilitate large-scale monitoring of methane produced by dairy cows, allowing farmers to select lower-emitting genetics without compromising productivity. The Government and industry aim to develop up to 11 methane-cutting tools by 2030, emphasizing the commitment to reducing emissions without jeopardizing farm operations or jobs.
17 Oct 2025
1 year ago
1110 views
The Government has invested $8 million in lower methane dairy genetics research at a new state-of-the-art methane research facility in the Waikato, according to Agriculture Minister Todd McClay. Livestock Improvement Corporation's 'Methane Barn' will allow for monitoring and measuring methane from dairy cows to help farmers select lower-emitting genetics without affecting productivity. The Government and industry aim to develop methane-cutting tools with investments totaling over $400 million, ensuring farmers can reduce on-farm emissions without compromising production or jobs.
18 Sep 2025
1 year ago
1363 views
The Government passed the Climate Change Response (Emissions Trading Scheme Forestry Conversions) Amendment Bill to prevent wholesale conversion of farmland to pine forests, aiming to balance food production and Emissions Trading Scheme (ETS) confidence. Key changes include limits on exotic forestry registrations for productive farmland, flexibility for farmers to convert up to 25% of land to forestry, and provisions for Māori-owned land. The Bill aims to support rural economies, create jobs, and ensure ETS credibility, with a review planned for 2028 to assess effectiveness.
04 Sep 2025
1 year ago
1406 views
The Government is supporting 19 ambitious science programs, including the DeepHeat project by the New Zealand Institute for Earth Science Limited, which aims to explore the energy potential of the Central Taupo Volcanic Zone using supercritical geothermal energy. This project, funded with $10 million from the Endeavour Fund, is seen as groundbreaking and essential for New Zealand's future prosperity, as geothermal energy offers a reliable alternative to weather-dependent renewable sources like hydro, solar, and wind. The Government's investment of over $183 million in various projects, from climate technology to healthcare and clean energy, demonstrates the power of science to drive innovation, economic growth, and a more resilient future.
23 Jul 2025
1 year ago
3056 views
Dr Shane Reti, Pacific Peoples Minister, attended the Pacific Islands Forum Economic Ministers Meeting in Suva, Fiji, reaffirming New Zealand's commitment to Pacific-led priorities and announcing new support for climate resilience and public health initiatives. The Forum focused on strengthening regional ties, addressing economic development, banking access, and labor mobility challenges. Dr Reti launched Fiji's NZ$3.2 million participation in the Pacific Climate-Smart Agriculture and Sustainable Land Management Partnership to develop climate-resilient crops and sustainable farming practices, and announced NZ$4 million in support of Fiji's response to its national HIV outbreak to reduce transmission and fight stigma.
25 Jun 2025
1 year ago
2172 views
The Government has taken a major step towards protecting food production by ending the large-scale conversion of productive farmland into pine plantations, with the first reading of the Climate Change Response (Emissions Trading Scheme—Forestry Conversion) Amendment Bill receiving unanimous support in Parliament last night. “This Bill is about protecting our most valuable land that grows food for export and sustains rural communities,” Agriculture and Forestry Minister Todd McClay says. “For too long, ETS incentives have driven the wrong outcomes for our rural sector.