Signatory News

Deloitte climate report: Aotearoa New Zealand’s Turning Point

Deloitte climate report: Aotearoa New Zealand’s Turning Point

Time is running out to act on climate change with its impacts being felt by us all. But with disruption comes the opportunity to be bold, and shift our mindset to reap significant rewards for our economy and future generations of Kiwis.

Our economic modelling shows decisive action could deliver $64 billion to New Zealand’s economy by 2050. With inadequate action, we stand to lose $4.4 billion.

Introducing Vector’s carbon abatement cost curve

Introducing Vector’s carbon abatement cost curve

We’ve developed a carbon abatement cost curve to help track our emissions reduction targets (Scope 1 and 2 excluding electricity distribution losses). This includes reaching net carbon zero by 2030, as well as meeting a science-aligned reduction target of 53.5% by 2030.