Effective risk management the key to climate adaptation, says finance committee

Effective risk management the key to climate adaptation, says finance committee
Adaptation should be based on evidence not sentiment, the Finance and Expenditure Committee says. (Image: Getty)
Greg Hurrell
Adapting to climate change will be a balancing act between helping those in need while ensuring people take responsibility for managing climate risk, a new report from Parliament says.The Finance and Expenditure Select Committee’s final report on climate adaptation was released on Oct 1. The Government now has 60 working days to respond.The committee received around 350 unique written submissions and 82 verbal submissions during hearings in July and August this year. It was advised by Auckland University of Technology expert David Ha...

More Climate Policy

Closing NZ's Paris Agreement 'emissions gap'
Climate Policy

Closing NZ's Paris Agreement 'emissions gap'

Overseas carbon credits won't be cheap, as Treasury has warned.

Greg Hurrell 20 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
We're gonna need a smaller boat: emission targets
Law & Regulation

We're gonna need a smaller boat: emission targets

A plan to install 10,000 EV chargers by 2030 won't shift the dial in the short term.

Greg Hurrell 12 Dec 2024
BNZ defends profit as essential to attract capital
Finance

BNZ defends profit as essential to attract capital

The last major bank, BNZ, has fronted up to Parliament.