Q1 2024 update from CSF

CSF welcomes the Reserve Bank of New Zealand Bulletin article released today on the use of credit risk weights for climate related purposes.
Banks are encouraged to consider how they can best use a combination of qualitative and quantitative approaches, and the role of forward-looking data, in their efforts to better understand the potential nature and scale of climate-related financial impacts.

Welcome to our final update for the year.

Our Chief Executive, Jo Kelly, and Board member, David Woods, attended COP28 in Dubai. These are her summarised insights and themes related to sustainable finance.

The Centre for Sustainable Finance hosts Kristy Graham, Chief Executive Officer of the Australian Sustainable Finance Institute (ASFI), for a one-hour webinar on ASFI’s capability workstream.

COP28 Global Stocktake - image credit Google

Indo-Pacific Economic Prosperity Framework

CSF Attends Global Gathering of Financial Centres for Sustainability in Ireland

In the first of a series of webinars on sustainable finance in the food and fibre sector, senior sustainable finance leaders from ANZ, ASB, BNZ, Rabobank and Westpac provided insights into the evolving international sustainable finance landscape, what that means for Aotearoa New Zealand in a low emissions future, and the support available from major banks to the agricultural sector.

The Centre for Sustainable Finance, Fit for a Better World and The Aotearoa Circle are collaborating to bring you the first in a webinar series.

Explore Jo Kelly's Chapter Zero article for insights on NZ’s trade connections, NZ's decarbonisation plans, and the importance of NZ having credible net zero transition pathways.

In a recent roundtable discussion with the Climate Technology Roadmap team in mid-August, the Centre highlighted the critical role of data and sustainable finance in technology innovation for climate solutions.

Read the Centre’s recent submission to the MfE NZ ETS review and redesign of the permanent forest category.

CSF Board members were pleased to support the RIAA conference in Auckland recently.

Our very own Renzhu Zhang has taken on a postdoctoral fellowship for the XRB-funded effectiveness evaluation of ‘Aotearoa New Zealand’s Climate-related Disclosure Framework’ project.

The recent Mansion House Compact comes while we see active discussions here about the role of New Zealand investors in investing in unlisted local businesses, boosting productivity and domestic confidence and providing additional capital to support growth.

The International Capital Market Association (ICMA) hosted its 2023 Annual Conference of the Green, Social, Sustainability, and Sustainability-Linked Bond Principles in Singapore, with the Monetary Authority of Singapore as the Supporting Partner.

Simon Robbers, Matt Whineray and Sir Jonathon Porritt discussed sustainable finance and climate action at a recent event, hosted by BNZ.