At home and in the Pacific
New Zealand is serious about addressing climate change at home and in the neighbouring Pacific Islands.
What we’re doing at home
We're taking action to reduce our own greenhouse gas emissions to meet our international climate change obligations.
Domestic policy on climate change is set by Ministers, and managed by the Ministry for the Environment. For a comprehensive view of New Zealand’s approach to climate change at home see the Government’s climate change website (external link).
Support for climate outcomes
New Zealand is committed to supporting climate change action in developing countries. We are on track to meet our commitment of providing $200 million in climate-related support over the 2015-2019 period. This support is being delivered through bilateral development assistance; to Pacific regional organisations with a core focus on climate change; and to multilateral organisations and programmes with a strategic focus on climate change, including the Operating Entities of the UNFCCC Financial Mechanism, the World Bank, Asian Development Bank and UNDP.
New Zealand delivers the majority of our climate-related support as part of our bilateral assistance managed through the New Zealand Aid programme. Consistent with the aid programme’s 2015-2019 Strategic Plan [PDF, 3.4 MB], we primarily deliver our climate-related support as part of activities designed to achieve sustainable, inclusive and resilient development that meet the aspirations and needs of our partner countries. New Zealand has also contributed $3 million to the Green Climate Fund. In announcing our contribution, New Zealand emphasised the Fund needs to deliver on its promise to support practical and effective outcomes in small island developing states, which for us means a focus on the Pacific.
Priority regions and projects
Consistent with the aid programme’s geographic focus on the Pacific, our climate-related assistance will continue to strongly focus on supporting activities in the small island developing states in the Pacific. This is a region where the needs for climate-related assistance are great, and where New Zealand has the relationships and experience to make a practical difference. New Zealand also provides climate-related support bilaterally to Africa, the Caribbean, and Association of Southeast Asian Nations (ASEAN) partner countries – mostly focused on investments in geothermal energy and disaster risk management.
New Zealand has sought to prioritise climate-related support to projects where climate outcomes are a co-benefit to achieving sustainable development objectives. New Zealand will be building stronger and more resilient infrastructure, and strengthening disaster preparedness. We will also continue supporting low-carbon economic growth in the Pacific region, including through our significant contribution to improving access to clean, efficient and affordable energy. New Zealand is also supporting low emissions agricultural development, including through the work of the GRA.
Mobilising climate finance flows
Developed country Parties under the UNFCCC committed in 2010 to a goal of mobilising $100 billion per year by 2020 to support climate change action by developing countries. The$100 billion target is a collective one, from public and private sources. The goal, and future finance goals that may be set under the Paris Agreement, require all countries to use public finance and policy interventions to effectively mobilise private finance and to ‘green’ existing finance flows. Effective mobilisation of private climate finance will be key to achieve the Paris Agreement’s broader goal of all finance flows being low carbon and climate resilient (under Article 2(1)(c)).
As part of the Paris Agreement outcome in 2015, developed countries were urged to scale-up their level of support and provide a ‘concrete roadmap’ to achieve the US$100 billion goal. Ahead of the 22nd Conference of the Parties (COP22), developed countries released the ‘Roadmap to $100 Billion’ (external link). The Roadmap aims to provide increased predictability and transparency about how the $100 billion goal will be reached, and sets out the range of actions developed countries will take to meet it.
New Zealand has already taken concrete action to mobilise finance flows at scale in support of climate action, and in pursuit of the renewable energy targets, in the Pacific. For example, the 2016 Pacific Energy Conference in Auckland, held in partnership with the European Union, saw donors commit over $1 billion to renewable energy projects in the Pacific out to 2024, including $100 million from New Zealand. Combined with the 2013 Pacific Energy Summit which saw over $900 million of investments over 70 projects, these efforts have now mobilised over $2 billion for renewable energy projects in the Pacific.