Earlyratification helpful for NZ business

TheGovernment’s early ratification of the Paris Agreement on climate change placesNew Zealand in a good negotiating position for future UN decision making, saysBusinessNZ.

New Zealandhas now deposited its formal ratification instrument at the United Nations.    Thisguarantees New Zealand a seat at the decision-making table at the next UNclimate change talks.

“It will beimportant that New Zealand has a voice at the negotiating table on the rulesthat matter to most to us – on agriculture, forestry and carbon markets,” saidBusinessNZ environment policy manager John Carnegie.

“NewZealand’s emissions profile is different from most other countries, and wewould not want to see international rules adopted that overlooked New Zealand’sparticular circumstances.

Mr Carnegiesaid New Zealand being strongly engaged in the global negotiations would helpNew Zealand businesses understand what actions other countries are taking,reinforcing the need to take action at home.

“Ourcontinuing need is to maintain the competitiveness of New Zealand businesses whilemeeting our emissions reduction targets.”

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