Wednesday, 04 August 2021 12:55

Sustainable finance

Written by Staff Reporters

font size decrease font size increase font size
Print
Email

Many agricultural loans will be guided by sustainability considerations.

Many agricultural loans will now be guided by sustainability considerations including climate change mitigation and adaptation, water use, waste minimisation, labour rights and animal welfare.

This follows the launch last week of the Sustainable Agriculture Finance Initiative (SAFI) guidance.

ASB, ANZ, BNZ, Rabobank and Westpac, and the Ministry for Primary Industries (MPI) joined forces in early 2020 to develop the SAFI guidance, to improve the flow of sustainable finance to New Zealand’s agricultural sector.

The SAFI guidance is intended to support a framework, from the finance sector, for integrating sustainability considerations into funding for New Zealand’s agricultural sector.

Featured

'Female warriors' to talk ag sector opportunities

The East Coast Farming Expo is playing host to a quad of ‘female warriors’ (wahine toa) who will give an in-depth insight into the opportunities and successes the primary industries offer women.

New Zealand Food Safety shares food safety tips

New Zealand Food Safety (NZFS) is sharing simple food safety tips for Kiwis to follow over the summer.

Dairy-beef offering potential for savings

Beef produced from cattle from New Zealand's dairy sector could provide reductions in greenhouse gas emissions of up to 48, compared to the average for beef cattle, a new study by AgResearch has found.

Dairy buoyant

The Rabobank Rural Confidence Survey found farmers' expectations for their own business operations had also improved, with the net reading on this measure lifting to +37% from +19% previously.

Farmer confidence flowing back

Confidence is flowing back into the farming sector on the back of higher dairy and meat prices, easing interest rates and a more farmer-friendly regulatory environment.

Ham wins race for Kiwi Christmas favourite

Ham has edged out lamb to become Kiwis’ top choice for their Christmas tables this year.

National

Fonterra ‘on track’ to meeting climate change, coal targets

Fonterra says it remains on track to meet its climate targets and be coal free in its North Island manufacturing.

Regional council agenda ‘to just reduce cow numbers'

South Canterbury dairy farmer and recently-retired Fonterra director Leonie Guiney has welcomed an announcement from the Canterbury Regional Council (ECan)…