350 Aotearoa applauds the passing of the Climate-related Disclosures Bill by parliament in its third reading in Parliament today. Mandatory climate-related risk disclosure is a useful mechanism to ensure extensive and thorough climate-risk reporting in our financial sector.
The Beyond Oil and Gas Alliance initiative brings together first-mover countries and subnational actors to create an international platform to give visibility to and create momentum for policy decisions to end the expansion of the fossil fuel industry and phase out existing production.
As I close my time at 350 Aotearoa, naturally I have been reflecting on the impact we have made since we started out. I’m really proud of the role 350 Aotearoa has played in helping to nurture and grow the climate movement since 2008, supporting it to move forwards and sideways.
“Thousands of people across Aotearoa, including our government and the Minister of Finance, are calling for ACC to stop investing our public money in the fossil fuel industry. We’re taking action to send ACC’s Board a message that it needs to commit to divest from fossil fuels by the 31st of July.”