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Economics
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RBNZ wants feedback on climate risks

Recent weather events highlight pressing need for financial sector guidance, says the central bank, which has been criticised for its climate change focus.

RBNZ deputy governor Christian Hawkesby.

The Reserve Bank wants feedback on proposed new guidance for the financial sector to manage climate-related risks.

Deputy governor Christian Hawkesby said the recent upper North Island flooding and then Cyclone Gabrielle highlighted how climate change was already affecting the country.

He said

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Jonathan Mitchell Wed, 29 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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RBNZ wants feedback on climate risks
Economics,
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