New Zealand increases climate finance commitment to Pacific   25 Sep 2018

RT HON JACINDA ARDERN

25 SEPTEMBER 2018

New Zealand increases climate finance commitment to Pacific

New Zealand will increase its global climate finance commitment to $300 million over four years, Prime Minister Jacinda Ardern announced today in New York at the launch of Climate Week NYC, where she was a keynote speaker.

The Prime Minister is in New York attending the United Nations Leaders Week and action on climate change is high on her agenda.

The increased investment is being made from New Zealand’s Overseas Development Assistance, which was increased by nearly 30% ($NZ714 million) in Budget 2018 to support the Pacific Reset.

“This funding allocation will focus on practical action that will help Pacific countries adapt to climate change and build resilience. For example, providing support for coastal adaptation in Tokelau to reduce the risks of coastal inundation;  and continuing our efforts to strengthen water security across the Pacific, building on current initiatives such as those in Kiribati where we are working to provide community rainwater harvesting systems and are investing in desalination,” Jacinda Ardern said.

“New Zealand is fully committed to the Paris Agreement and to taking urgent action to support our transition to a low-carbon and climate resilient economy.

“New Zealand is committing to providing at least $300m over four years in climate-related development assistance, with most of this going to the Pacific.

“We have a responsibility of care for the environment in which we live, but the challenge of climate change requires us to look beyond our domestic borders, and in New Zealand’s case towards the Pacific.

“The focus of this financial support is on creating new areas of growth and opportunity for Pacific communities.  We want to support our Pacific neighbours to make the transition to a low carbon economy without hurting their existing economic base.

“Climate change is a priority area for New Zealand’s Pacific Reset announced by Foreign Minister Peters in February. This commitment of $300m over four years is a significant increase on our existing commitment of $200m in the four years to 2019.

“We recognise our neighbours in the Pacific region are uniquely vulnerable to the impacts of climate change. This week I will be making a number of representations alongside our Pacific neighbours to ensure the world is aware of the impact of climate change in our region and the cost of inaction.

“This funding will complement our ongoing support to help developing countries in the Pacific and beyond meet their emissions targets through renewable energy and agriculture initiatives,” Jacinda Ardern said.

NZ Prime Minister

Add a comment

Bookmark and Share

News

New Zealand increases climate finance commitment to Pacific

25 Sep 2018 Environment By RT HON JACINDA ARDERN
25 SEPTEMBER 2018 New Zealand increases climate finance commitment to Pacific New Zealand will increase its global climate finance... more

New powers to combat drug smuggling at sea

26 Sep 2018 News By Hon Kris Faafoi
26 SEPTEMBER 2018 Minister of Customs Hon Kris Faafoi has welcomed the passing of the Maritime Powers Extension Bill which will help... more

Business

Multinationals to pay fair share of tax

26 Jun 2018 Business News
26 JUNE 2018 HON STUART NASH New measures to ensure multinational companies pay their fair share of tax will come into force next... more

NZ Government launches Sustainable Food & Fibre Futures

22 Aug 2018 Business News By Hon Damien O'Connor
21 AUGUST 2018 Growing New Zealand's food and fibre sectors sustainably and supporting a thriving economy are the hallmarks of a new... more

Living

REVIEW: Modern Maori Quartet's "Two Worlds" at Edinburgh Festival

20 Aug 2018 Arts By Justine Redfearn
The Modern Maori Quartet are back at the Edinburgh Fringe Festival with their new show “Two Worlds” - harmonising... more

INTERVIEW: NZ's Delaney Davidson back in London

20 Aug 2018 Entertainment By Charlotte Everett
Following his sold out show in May at London's Servant Jazz Quarters, Delaney Davidson will be back next month -... more

Property

More certainty in construction sector smooths boom and bust cycle

22 Aug 2018 Property
30 JULY 2018More certainty in construction sector smooths boom and bust cycle HON JENNY SALESA The 2018 National Construction Pipeline... more

NZ Property: Foreign buyers ban passes third reading

15 Aug 2018 Property
15 AUGUST 2018 HON DAVID PARKER The Bill to put in place the Government's policy of banning overseas buyers of existing homes has... more

Migration

Christchurch reinstated as refugee settlement location

18 Aug 2018 Migration
18 AUGUST 2018 HON IAIN LEES-GALLOWAY The announcement that Christchurch can once again be a settlement location for refugees... more

Post-study work rights emphasise skills NZ needs

8 Aug 2018 Migration
8 AUGUST 2018 HON IAIN LEES-GALLOWAY Changes to post-study work rights will help ensure international students coming to New Zealand... more

Travel

Arrival card change to smooth border process for international travellers to NZ

26 Sep 2018 Travel & Tourism By Hon Kris Faafoi
25 SEPTEMBER 2018 International travellers arriving into New Zealand should have a simpler, faster entry as a result of changes to... more

NZ Government to fully fund Auckand's SkyPath as part of $390m investment in walking and cycling

25 Aug 2018 Travel & Tourism
23 AUGUST 2018 HON PHIL TWYFORD HON JAMES SHAW Transport Minister Phil Twyford and Acting Associate Transport Minister James Shaw have... more

Sport

America’s Cup court ruling vindicates process

26 Sep 2018 Sailing By Hon David Parker
25 SEPTEMBER 2018 The Environment Court has today granted the resource consent for the 36th America's Cup bases in Auckland and the... more

Humble Stephen Kearney praises Warriors staff ahead of finals appearance: 'It's not down to one person'

3 Sep 2018 Rugby League
Warriors coach Stephen Kearney paid tribute to the club's unsung heroes ahead of their first taste of NRL finals football since... more

Columns

Gordon Campbell on the Gareth Morgan crusade

11 Nov 2016 Opinion
Gordon Campbell on the Gareth Morgan crusade First published on Werewolf The ghastly likes of Marine Le Pen in France and Geert ... more

Gordon Campbell on the US election outcome

10 Nov 2016 Opinion
Column - Gordon Campbell   Gordon Campbell on the US election outcome Well um.. on the bright side, there (probably)... more

Kiwi Success

Congratulations to Loder Cup winner

26 Sep 2018 People By Hon Eugenie Sage
25 SEPTEMBER 2018 The Loder Cup, one of New Zealand’s oldest conservation awards, has been awarded to Robert McGowan for 2018... more

Appointments to New Zealand National Commission for UNESCO

16 Aug 2018 Appointments
16 AUGUST 2018Appointments to New Zealand National Commission for UNESCO HON JENNY SALESA Associate Education Minister Jenny Salesa is... more

Recruitment

Historic pay equity settlement for education support workers

14 Aug 2018 Recruitment By RT HON JACINDA ARDERN
14 AUGUST 2018Historic pay equity settlement for education support workers RT HON JACINDA ARDERN HON CHRIS HIPKINS Prime Minister The... more

Historic pay equity settlement for education support workers

22 Aug 2018 Recruitment By RT HON JACINDA ARDERN
14 AUGUST 2018Historic pay equity settlement for education support workers RT HON JACINDA ARDERN HON CHRIS HIPKINS Prime Minister The... more