New Zealand Govt increases support to countries vulnerable to climate emergency

New Zealand Prime Minister Jacinda Ardern in a statement said on Monday that her government is making a 4-fold increase in the support it provides to countries most vulnerable to the climate emergency.

New Zealand will provide NZ Dollar 1.3 billion that is equivalent to USD 921 million over four years to support countries most vulnerable to the effects of climate change, she said in the lead up to the UN climate conference in Glasgow. The investment will support clean energy projects in developing countries, ensure buildings are able to withstand more damaging storms, crops are resilient to droughts, floods and new pests, and communities are protected from sea-level rise and storm surges, said the Prime Minister.

Minister of Climate Change James Shaw said that at least half of the new climate finance commitment, which covers the period 2022 to 2025, will go towards supporting New Zealand's Pacific neighbours who are already experiencing rising sea levels and more extreme weather. For these countries, the impacts of climate change that scientists have been warning us about for decades are not academic, or a distant threat; they are happening right now, Shaw said.


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