Consultation opens in June on the agriculture and forestry sustainable finance taxonomy for Aotearoa New Zealand.
The NZ Taxonomy classifies economic activities based on their contributions to meeting environmental goals – starting with activities that contribute to the goals of climate change mitigation, adaptation and resilience.
On 7 May, 2025, CSF held a public webinar to help participants prepare to respond to the public consultation. You can view a video recording of the webinar here:
The consultation will invite feedback on:
Component | Coverage |
1. The methodology for defining green and transition activity categories for the NZ Taxonomy. | Defines the approach to determining green and transition activities, for the climate change mitigation objective across all sectors contained in the NZ Taxonomy (including future sectors). |
2. Substantial Contribution Criteria. | Outlines criteria for activities making substantial contribution to the climate change mitigation objective in the Agriculture and Forestry Sectors. |
3. Do No Significant Harm Criteria. | a. Generic criteria provide protections for the five other environmental objectives (beyond climate change mitigation) across all sectors. b. Activity-specific criteria provide protections relevant to risks associated with activities contained in the SC criteria for the Agricultural and Forestry Sectors. |
4. Minimum Social Safeguards. | Apply to all sectors contained in the NZ Taxonomy (including future sectors), for all environmental objectives. |
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