Whoopee – another first for our nation. According to the headline on a Beehive press statement, NZ becomes first in world for climate reporting.
This drew attention to the announcement that New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.
Not so praiseworthy, the latest annual inventory of New Zealand’s greenhouse gas emissions shows that both gross and net emissions increased by 2 percent in the 12 months from the end of 2018.
This prompted an exhortation from Climate Change Minister James Shaw that we must strive to do better.
Those two statements emerged from The Beehive along with news that – Continue reading “Oops – our climate change emissions have risen (at the last count) but we are leading the way with financial reporting legislation”