Govt cuts further $236m from climate policies

Govt cuts further $236m from climate policies

Thursday, August 31st, 2023

As part of a $4 billion savings initiative announced on Monday, the Government will cut $236 million from climate policies on agriculture, transport and forestry.

One unusual aspect of the move is that climate funding is supposed to be ring-fenced solely for climate policies, but the savings will instead be returned to the general coffers.

Another unusual aspect is Minister for Climate Change James Shaw wasn’t aware it would be happening. He told Newsroom he knew the Government was doing a savings exercise and evaluated a couple of policies he was responsible for, which didn’t get cut. He was also briefed on a $10m cut to a waste policy. Read more

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News category: New Zealand, News Shorts.

Tags: Climate policies, NZ Government

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