News

Zero Carbon Bill passes final reading

Posted on 11 November, 2019

The Zero Carbon Bill, which will set the framework for the country to reach net zero emissions by 2050, has passed with cross-party support in Parliament.

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That’s how fast the carbon clock is ticking

Posted on 11 November, 2019

The MCC Carbon Clock shows how much CO2 can be released into the atmosphere to limit global warming to a maximum of 1.5°C and 2°C, respectively. With just a few clicks, you can compare the estimates for both temperature targets and see how much time is left in each scenario.…

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Fund managers may have climate-change duty of care

Posted on 31 October, 2019

Fund managers’ duty to act in the best interests of investors may now require managers to take climate change risk into account when designing investment policies, a new report says.

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Climate Change: Implications for Investors and Financial Institutions

Posted on 31 October, 2019

A new briefing published by the Institutional Investors Group on Climate Change (IIGCC), the United Nations Environment Programme Finance Initiative (UNEP FI), the Cambridge Institute for Sustainability Leadership (CISL) and the Cambridge Judge Business School (CJBS) distils the key findings from the recently released Intergovernmental Panel on Climate Change Fifth…

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The impact of climate change on New Zealand's financial system

Posted on 31 October, 2019

Climate change will have a significant effect on New Zealand’s economy and financial system. The Reserve Bank has a strong interest in climate change, as understanding, quantifying and managing risk is critical to many of its core functions, including promoting a sound and efficient financial system.

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