New Zealand seeks public feedback on 2035 NDC

Published 05:27 on November 20, 2024  /  Last updated at 05:27 on November 20, 2024  / /  Asia Pacific, New Zealand

New Zealand’s environment ministry is seeking comments on the country’s 2035 international climate change target, as the government is set to finalise the latest Nationally Determined Contribution (NDC) in the coming months.

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INTERVIEW: Air sample monitoring could provide real-time carbon reporting accuracy, firm says

Published 10:49 on November 15, 2024  /  Last updated at 12:12 on January 6, 2025  / /  Asia Pacific, EMEA, Nature-based, New Zealand, Voluntary

A developer of atmospheric emissions monitoring for carbon markets said its approach could improve the accuracy of monitoring, reporting and verification (MRV) of nature-based projects, and potentially lead to more credits being issued than otherwise assumed using conventional methods.

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New Zealand can make deep carbon cuts at home for next NDC, but needs early start, commission finds

Published 16:00 on November 7, 2024  /  Last updated at 16:00 on November 7, 2024  /  Asia Pacific, Climate Talks, International, New Zealand

New Zealand can achieve substantial emissions cuts domestically for its 2031-35 Nationally Determined Contribution (NDC), reducing its reliance on international credits, but must start work already this decade, according to the independent Climate Change Commission (CCC).

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COP16: Air New Zealand first to pay into nature token pilot

Published 21:05 on October 28, 2024  /  Last updated at 11:47 on October 29, 2024  / /  Asia Pacific, Biodiversity, New Zealand

National carrier Air New Zealand has become the first to pay into a nature-positive co-financing pilot that seeks to channel funds to community restoration initiatives on cyclone-ravaged Maori land.

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New Zealand updates industrial carbon allocation baselines, pushes tough calls to next year

Published 22:40 on October 24, 2024  /  Last updated at 22:40 on October 24, 2024  /  Asia Pacific, New Zealand

The New Zealand government on Friday updated the baselines for free allocation of permits to industrials for the first time since 2010, but postponed final decisions on the steel and aluminium sectors until April next year.

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New Zealand govt proposes to halve ETS forestry charge

Published 05:43 on October 23, 2024  /  Last updated at 03:53 on December 17, 2024  / /  Asia Pacific, New Zealand

The New Zealand government is consulting on updated charges to foresters in the Emissions Trading Scheme (ETS), including to roughly halve the price of previously proposed per-hectare charges.

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Protecting biodiversity in New Zealand could save more than NZ$270 bln over next 50 years -study

Published 15:06 on October 17, 2024  /  Last updated at 15:06 on October 17, 2024  / /  Asia Pacific, Biodiversity, New Zealand

Protecting 30% of New Zealand’s lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.

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New Zealand will have to plant out and cut emissions “hugely” to achieve its climate targets, panel hears

Published 04:08 on October 17, 2024  /  Last updated at 04:08 on October 17, 2024  / /  Asia Pacific, New Zealand

New Zealand is likely to be severely short on NZUs after 2030 unless emissions start to rapidly decline, a forestry expert told a panel discussion Wednesday.

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New Zealand broker to launch new trading platform

Published 07:17 on October 15, 2024  /  Last updated at 07:17 on October 15, 2024  / /  Asia Pacific, Australia, New Zealand

A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.

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New Zealand urged to take cooperative approach to addressing 2030 NDC challenge

Published 08:30 on October 14, 2024  /  Last updated at 08:30 on October 14, 2024  / /  Asia Pacific, International, New Zealand, Paris Article 6

Fresh analysis has highlighted the policy paralysis plaguing New Zealand in achieving its 2030 Nationally Determined Contribution under the Paris Agreement, urging it to adopt a more internationally cooperative approach.

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