fbpx
Print this page
Tuesday, 05 August 2025 11:25

Taxonomy talk

Written by  Milking It

OPINION: Is the Government's taxonomy proposal dead in the water?

ACT won't back making the proposed sustainable finance taxonomy - a classification tool giving banks and investors guidance on how farms are delivering on sustainability - mandatory.

As ACT agriculture spokesman Mark Cameron says: "the whole idea is about of slapping farms with a red, amber or green label so the banks know which ones tick the 'right' boxes, according to a Wellington-approved definition of what's 'sustainable'."

Cameron says it might sound harmless if it stays voluntary.

"But the proposal spells it out: the plan is to make it mandatory down the track. That's where ACT says no."


 Read More:


More like this

Featured

Federated Farmers Welcomes RMA Replacement Passing

Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.

National

Machinery & Products