14 Oct 2024

Public not sold on sending money overseas for climate mitigation

From Nine To Noon, 9:25 am on 14 October 2024
Simon Watts

Photo: RNZ / Nate McKinnon

Climate Change Minister Simon Watts has admitted there is no way to meet New Zealand's commitments under the Paris Agreement without buying overseas help.

But a new paper out this morning by Motu Research says securing public support for sending funding offshore for climate mitigation projects remains a critical barrier to New Zealand meeting its 2030 climate goals.

There's growing evidence New Zealand will need offshore mitigation such as funding projects overseas that reduce gross emissions, to offset the failure to do so here.

Climate Change Minister Simon Watts says there have been some `high level' discussions with three countries, on possible projects overseas.

However, it is not clear whether there is coalition partner support for any such move.

Catherine Leining, policy fellow at Motu Research, and a carbon market expert, talks to Kathryn about what their paper has found on attitudes towards offshore mitigation.