NZ is increasing its emissions reductions pledge going into the Glasgow climate change summit, but says it will have buy a lot of the reduction from other countries.
New Zealand is moving into first gear with new climate change reporting standards applying across investment products and larger listed companies.
RBNZ governor Adrian Orr says there is a need for an urgent and collaborative response.
There is growing concern carbon farming will mean a death knell for rural communities as a raft of infrastructure from schools to meat plants may no longer be necessary.