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New Zealand introduces climate change law for financial firms in world first

New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said on Tuesday. All banks with total assets of more than NZ$1 billion ($703 million), insurers with more than NZ$1 […]

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Smith v Fronterra Co-operative Group Limited & Others

In New Zealand, a climate change spokesperson of Maori heritage is bringing a claim against big national GHG emitters to hold them liable for their contributions to climate change. While the court has dismissed the claims that were based on negligence and public nuisance, they allowed a claim to continue to trial that was based […]

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Thompson v Minister for Climate Change Issues

A student from New Zealand challenged the government’s decision not to change their 2050 GHG emissions reduction target after the release of the IPCC’s AR5 report, which stated that tougher targets were needed to avoid dangerous climate change. The court ruled that an objective of New Zealand’s Climate Change Response Act 2002 is for New Zealand to […]

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