The heat goes on for empty net zero pledges

The heat goes on for empty net zero pledges
NZ consultant on climate risk and investment David Lewis says global fund managers need to deliver on net zero pledges. (Image: Supplied)
Greg Hurrell
Global capital has a critical part to play in reducing climate emissions, but international organisations such as the Glasgow Financial Alliance for Net Zero and its subsidiaries have been accused of being fronts for greenwashing. The question is whether they can put their houses in order in the face of defections and the threat of legal crackdowns.According to the United Nations (UN), based on current national climate plans, global greenhouse gas emissions will rise 11% by 2030 from 2010 levels. And that assumes all those climate plans &n...

More Climate change

Govt green fund’s BlackRock knockback
Finance

Govt green fund’s BlackRock knockback

The government-backed fund decided against participating last June.

Pattrick Smellie 05 Mar 2025
Insurers and councils welcome better climate data
Climate change

Insurers and councils welcome better climate data

Niwa's new modelling forecasts 20% more rainfall from more cyclones.

Greg Hurrell 27 Jan 2025
Reflections on NZ's cleantech
Opinion

Phil Anderson: Reflections on NZ's cleantech

Building a NZ cleantech company from scratch starts with being there.

Phil Anderson 22 Jan 2025
BlackRock gives foreign investment a bad name
Opinion

Pattrick Smellie: BlackRock gives foreign investment a bad name

If it had set out to be disliked in NZ, BlackRock would be succeeding handsomely.

Pattrick Smellie 13 Jan 2025