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Cabinet paper

Cabinet Paper CBC-21-SUB-0119: New Zealand Green Bond Programme

Issue date: 
Tuesday, 22 November 2022
Status: 
Current
Version note: 

Some parts of this information release would not be appropriate to release and, if requested, would be withheld under the Official Information Act 1982 (the Act). Where this is the case, the relevant sections of the Act that would apply have been identified. Where information has been withheld, no public interest has been identified that would outweigh the reasons for withholding it.

View point: 
Document Date: 
Thursday, 28 Oct 2021
Publication category: 
Ministerial Portfolio: 
Finance

Accessible version

Only the Proposal of this Cabinet paper is extracted below in HTML. If you require a full accessible version please contact [email protected] and cite CBC-21-SUB-0119 as a reference.

Cabinet Paper CBC-21-SUB-0119: New Zealand Green Bond Programme

Proposal

1This Government has an ambitious agenda to work to a low emissions future. As part of that agenda, I am proposing to create a sovereign ‘Green Bond’ Programme (GBP).

2I seek Cabinet support to take a two-stage process in developing the GBP. As the first step, I am proposing to announce the creation of the programme at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), in November 2021. This announcement will enable Officials to engage with the market on the structure of the programme. As the second step, I intend to report back to Cabinet in April 2022 with a final proposal for the GBP.

[Extract ends]

Last updated: 
Tuesday, 22 November 2022