New Zealand Banks Should Measure Climate Impact – Les Nouvelles NEWS

In this feminist-led country, banks will have to reveal the impact of their investments on climate change. the first.

Environmental Feminism in Action? New Zealand, led by feminist Jacinda Ardern, has announced that it will pressure financial institutions to redirect their investments towards green economic activities.

The Prime Minister has made very ambitious commitments in the face of the climate emergency: New Zealand must achieve its carbon neutrality target by 2050 and produce all of its energy from renewable sources by 2035. But the final assessment shows that greenhouse gas emissions remain insufficient. New Zealand Herald. So the New Zealand government announced “urgent action”: Banks, insurance companies and investment firms will now be required to report on the climate change consequences of their investments.

This is the first of its kind in the world: “Being the first country in the world to introduce such a law means that we have the opportunity to show real leadership and pave the way for other countries to make the dissemination of climate information mandatory,” said Minister David Clark of Commerce. The largest financial institutions will be affected by this commitment to transparency, that is, about 200 of the largest companies in the country, and a number of foreign companies.

It may be an effective way to reduce polluting activities. Although New Zealand has been criticized for not including methane in its “zero carbon” target (however, methane accounts for 40% of the country’s emissions).

Last December, New Zealand joined ten other countries, including France, after declaring a “state of environmental and climate emergency”.

READ  New Zealand players offer an alternative to selling the All Blacks brand

A feminist activist, Jacinda Ardern has for several years pursued a welfare policy that is far more compatible with the environment than a race for economic growth in which financial institutions excel.

Read also in the language News news

New Zealand’s prime minister drives welfare policy

In New Zealand, four days a week for workout

When the rich contribute to paying the costs of producing the welfare

Advocacy for a Feminist Economy

Your turn now

Q Do you like our articles?
Do you want to share information so that everyone can open their eyes to gender inequality?
o Is equality in the media the mother of all battles for equality?
Q Did you know that any quality independent newspaper should hire professional journalists?
If you answered yes to any of these four questions, make a donation to fund the information. This donation is tax-deductible at 66%. (A 50 € donation actually costs 17 €)

I donate

Leave a Reply

Your email address will not be published. Required fields are marked *