Articles in ‘Climate Change’

It was hailed as ‘a game changer for the clean tech sector’ and a model for the world; less than three years later, BlackRock is walking away from its NZ climate fund *by Sam Sachdeva - Caption: BlackRock says "client feedback" and a new acquisition has led to it shutting down a dedicated climate investment fund in New Zealand. File photo: Getty Images* American multinational asset manager BlackRock is closing down a $2 billion climate…

The government has formally rejected every recommendation from the Climate Change Commission to toughen New Zealand’s long-term emissions targets. Climate Minister Simon Watts confirmed the decision, despite the Commission warning climate impacts are arriving “sooner and more severely than expected” and that New Zealand “can and should be doing more.” The coalition had already signalled it would soften the methane target. The government has…