NZ government eyes native afforestation framework

Published 01:28 on May 15, 2025  /  Last updated at 02:47 on May 15, 2025  / /  Asia Pacific, New Zealand

The New Zealand government has put the call out seeking third-parties to develop a framework for native afforestation in the country. 

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NZ Greens propose ETS reforms worth NZ$10 bln

Published 05:03 on May 14, 2025  /  Last updated at 05:13 on May 14, 2025  / /  Asia Pacific, CBAM, International, New Zealand, Paris Article 6

New Zealand’s Green Party has proposed changes it would make to the country’s ETS which could boost revenue by NZ$10 billion ($5.9 bln) by 2029.  

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SAF takes flight at Australian airport

Published 01:59 on May 14, 2025  /  Last updated at 01:59 on May 14, 2025  / /  Asia Pacific, Australia, Aviation/CORSIA, International

An Australian airport has taken delivery of what it describes as the largest sustainable aviation fuel (SAF) import to the country to date, as industry stakeholders seek to demonstrate and scale the use of cleaner fuel.

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NZ agtech firm makes first Australian investment

Published 06:48 on May 13, 2025  /  Last updated at 06:48 on May 13, 2025  / /  Asia Pacific, Australia, New Zealand

A New Zealand government-backed investment firm has committed cash to an Australian startup tackling methane emissions from cattle, its first trans-Tasman spend.

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FEATURE: Readiness, scale biggest barriers for Article 6 in the Pacific

Published 09:01 on May 8, 2025  /  Last updated at 09:21 on May 8, 2025  / /  Asia Pacific, International, Other APAC, Paris Article 6

A lack of capacity and the small-scale of potential emissions reductions are holding Pacific Island nations back from fully participating in Article 6 mechanisms, according to market participants.

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Ammonia key to cutting Scope 3 emissions, oil and gas chairman says

Published 07:55 on May 8, 2025  /  Last updated at 07:55 on May 8, 2025  / and /  Asia Pacific, Australia

The development of clean ammonia is “the best thing we can do” to cut Scope 3 greenhouse gas emissions, the chairman of an Australian gas giant told his company’s annual general meeting Thursday.

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Australian state’s Net Zero Commission seeks input on driving emission reductions

Published 03:19 on May 7, 2025  /  Last updated at 03:19 on May 7, 2025  / /  Asia Pacific, Australia

The New South Wales Net Zero Commission (NZC) has opened a public consultation on its work plan, seeking input on how to accelerate emissions reductions in the Australian state.

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Australian bank ramps up sustainable lending

Published 06:06 on May 6, 2025  /  Last updated at 06:06 on May 6, 2025  / /  Asia Pacific, Australia

In the first half of the 2025 financial year, sustainable finance lending at one of Australia’s top four bank grew 16%. while its operational emissions fell. 

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New Zealand targets enhanced biodiversity financing, disclosures

Published 06:02 on May 6, 2025  /  Last updated at 06:02 on May 6, 2025  / /  Asia Pacific, Biodiversity, Nature-based, New Zealand, Voluntary

The New Zealand government has launched a public consultation on proposals to implement its 2030 biodiversity strategy, including ways to increase investment in nature and support the development of a framework for nature-based financial disclosures and reporting.

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Major airline looks to CDR units to meet 2030 goals

Published 05:33 on May 1, 2025  /  Last updated at 05:33 on May 1, 2025  / /  Asia Pacific, Aviation/CORSIA, International, Nature-based, New Zealand, Voluntary

New Zealand’s national carrier is looking to purchase CO2 removal units to mop up its residual emissions in 2030, it said on Thursday.

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