New Zealand: How the new government slas • Table.Briefings

Sheep grazing in New Zealand. Agriculture is responsible for more than half of the country’s greenhouse gas emissions, a large proportion of which is methane.

The first budget of New Zealand’s new government does not provide any fresh money for climate action. Instead, several billion in already budgeted climate funds will be cut in order to finance tax cuts. How New Zealand intends to achieve its climate targets in this way seems questionable.

The new center-right Government in New Zealand unveiled its first budget on May 30 with no new funding for emissions reductions and a rollback of 3.7 billion New Zealand dollars (about 80 billion euros) in climate-related spending.

New Zealand: How the new government slashes climate policy

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