Policy

The bank will act as a cornerstone investor on key projects and directly co-invest with the private sector ‘where appropriate’, the government says.

The roadmap makes 37 recommendations for participants in the financial system that will help achieve net-zero emissions by 2050 and go further than government policy.

After four years of President Donald Trump, investors find themselves wondering again whether an administration under Joe Biden will bring meaningful infrastructure.

If President Trump’s lack of policy still led to green growth, imagine what president-elect Biden’s $2trn green stimulus plan can do, if fully enacted.

State government aims to deliver 20GW of wind and solar over the next decade and increase certainty for investors.

The shift in emphasis, part of its First Low Emissions Technology Statement, is ‘surprising and disappointing’ and could hamper private investment.

From looking to coordinate investment between generation and transmission to developing Renewable Energy Zones, the government is tackling energy policy reform from multiple angles.

Climate change minister James Shaw says the annual reporting requirements will apply to all institutions with more than NZ$1bn in AUM.

Japan will designate one or more promotion areas for offshore wind energy each year as it aims to derive 1.7% of its energy from the sector by 2030.

As the South American country battles covid-19, investment officials make the case that long-term infrastructure investments will outlast the short-term impact of the pandemic.