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18/10/21 - New Zealand increases climate finance contribution(external link)
New Zealand is committed to supporting climate change action in developing countries.
The International Development Cooperation (IDC) Programme(external link) delivers New Zealand’s official support for developing countries, with a particular focus on the Pacific Islands region.
The IDC Programme’s climate response is guided by the Pacific and Development Climate Change Action Plan, a strategic framework for action that signals where our attention and effort should be directed over the four-year period 2019–2022.
Aotearoa New Zealand also has a range of obligations under the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement to provide support for developing countries to meet their climate change goals. This includes financial support. Developed countries agreed in 2009 to meet a collective US$100 billion per annum climate finance goal from 2020 to assist countries meet their mitigation and adaptation efforts.
Our Climate Commitment 2019-2022
At the United Nations General Assembly in 2018, Prime Minister Ardern announced that New Zealand would spend at least $300 million on climate change development assistance from 2019 to 2022. New Zealand met this Commitment in July 2021.
Our Climate Commitment 2022-2025
In October 2021 New Zealand committed to spend NZD $1.3 billion in grant-based climate finance between 2022 and 2025. This underlines the importance New Zealand attaches to global and regional efforts to work together to combat climate change.
At least half of this climate finance commitment will support Pacific Island countries and at least 50 percent will target adaptation, a key priority for the Pacific.
In general this funding will focus on three things:
- Supporting developing countries to reduce their carbon emissions.
- Supporting developing countries to adapt to climate change; and
- Supporting climate change capacity and capabilities.
New Zealand’s financial support is delivered through a range of partners and modalities including:
- Direct bilateral development assistance
- Pacific regional organisations with a core focus on climate change, and
- multilateral organisations and programmes with a strategic focus on climate change such as the Green Climate Fund, and the Global Environment Facility.
The Climate Change Programme
The Climate Change Programme has been established as a dedicated mechanism to deliver multi-faceted climate change development assistance in the Pacific.
Our Pacific voice
Aotearoa New Zealand also supports efforts to ensure Pacific voices are being heard in the world on climate change issues.
For more about how we influence global action, see Building international collaboration.