New Zealand relies heavily on international climate assistance for two-thirds of its carbon savings.

New Zealand faces challenges in meeting its Paris Agreement targets, relying on international climate action for up to two-thirds of its carbon savings. The government acknowledges that domestic efforts alone are insufficient, yet the coalition partner, NZ First, has not clarified its stance on purchasing climate assistance. As other nations finalize agreements, New Zealand risks higher costs for carbon credits if it delays negotiations, underscoring its reliance on global collaboration.

October 06, 2024
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