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RBNZ tried to bury research contradicting climate change fears

Jenny Ruth
Mon, 08 Nov 2021

RBNZ tried to bury research contradicting climate change fears
Economist Ian Harrison claims RBNZ tried to bury its own climate change report. (Photo: Getty)
Jenny Ruth
Mon, 08 Nov 2021
The Reserve Bank tried to bury its own research that found climate change is not a threat to financial stability.That research contradicts many statements by Reserve Bank of New Zealand (RBNZ) governor Adrian Orr that climate change is an existential threat to the economy and that the central bank needs to be at the centre of New Zealand's climate change response.For example, Orr said in a speech last month that "the financial stability risks associated with climate change are significant, necessitating an urgent and collaborative resp...

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