MEDIA: The Warehouse founder Sir Stephen Tindall on why he is investing in green businesses

Tindall spoke to the Herald before a webinar being held on Thursday on the role of private finance as part of the United Nations Climate Change Conference, COP26, Finance Day.

Organised by the Aotearoa New Zealand Investor Coalition for Net Zero and facilitated by the British High Commissioner Laura Clarke, the webinar will include presentations by Bridget Coates, chair of Toitū Tahua: Centre for Sustainable Finance, Reserve Bank Governor Adrian Orr, NZ Super Fund CEO Matt Whineray and Investor Group on Climate Change director Tom Arup.

Toitū Tahua chair Bridget Coates said New Zealand fund managers had hundreds of billions of dollars invested locally and globally.

"Redirecting this money from sunset industries and investing in sustainable solutions is an extremely powerful tool in our global efforts to reverse climate change."

Tindall, a backer of Toitū Tahua, said he had been investing in clean energy businesses for some time, investing in Solarcity about 20 years ago.

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