Workstream Update - April

Seafood streams nearing completion  

Our Seafood Sector Adaptation Strategy work to further equip the marine fisheries and aquaculture industries with the tools and insights needed to tackle future climate impacts and opportunities will soon be complete with KPMG’s support.

  • We’re also nearing completion of Seafood Climate Nature Scenarios, a world-first set of integrated sector scenarios incorporating nature, climate and Te Ao Māori elements for the seafood sector.  

  • This work demonstrates how we can make nature-related assessments and disclosures easier, by capitalising on already existent climate-related processes.   

  • Both workstreams will feature in our refreshed website, currently in development and intended for launch late May. Reach out to us if you have any questions.  

 Natural Capital Regional Resilience - A framework for action 

Our pilot workstream, Natural Capital Regional Resilience (NCR2), centres on the Bay of Plenty and takes a systems approach to better understand the collective impacts on the region of climate change related degradation of nature across relevant economic, social and cultural activities, and the interdependencies between them. 

  • Thanks to the contribution of our three co-chairs, Fiona McTavish, CEO, Tai Moana Bay of Plenty Regional Council, Simon Limmer, CEO, Indevin NZ, Pā Ropata (Founder Tīwaiwaka) and an incredible Champions Group, the final report and a resilience framework are now nearing completion.  

  • The Champions Group intends to take forward this critical baton and work with others invested in the Bay of Plenty to consider and action steps to reduce climate change impacts on nature across the region and strengthen economic growth.  

 Future Fit Shipping  - Decarbonising our maritime industry  

Our Future Fit Shipping workstream to support decarbonising our hugely important maritime industry and ensure continued international trade growth is nearing completion.  

  • With customers demanding sustainable supply chains, particularly in key trading markets, pressure is mounting on exporters to reduce scope three emissions for market and finance access. Overseas, governments and industry are embracing green shipping corridors.  

  • Without action, New Zealand is at risk of being left behind. We need to act right now. 

  • Deloitte is currently finalising a report that will capture green shipping corridor considerations, alternative fuel roadmaps and an economic impact assessment informed by interviews with ports, exporters and importers, logistics, fuel, energy and finance firms and trans-Tasman government representatives (reflecting commitments via Australia and New Zealand’s 2+2 Climate and Finance Joint Statement). 

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