There’s been a wave of commentary lately making inaccurate claims about the NZ Taxonomy. Let’s be clear: the taxonomy is not about compliance or telling farmers how to run their businesses. It is a voluntary, market-led tool to help investors identify ‘green’ or ‘sustainable’ activities in New Zealand. It’s about growing access to global capital, not adding green tape. ‘Taxonomy’ simply means classification – nothing to do with tax.
The New Zealand Government has objectives of doubling the value of exports while staying in line with the goals of the Paris Agreement, growing and building resilience into the economy. The NZ Taxonomy is about growing New Zealand access to global capital and markets.
Questions and feedback are welcome – this tool is still in development – but let’s base the conversation on facts.
Read more about the NZ Taxonomy here.
Listen to our Chief Executive, Jo Kelly, set the record straight on The Rural Roundup radio.
To read our detailed response to the claims recently leveled by industry groups, read the PDF below.
