Webinar: 2024 emissions reduction monitoring report

This webinar shares information about the Climate Change Commission's first annual emissions reduction monitoring report, released in July 2024: https://climatecommission.govt.nz/erm...

This report provides an evidence-based, impartial view of whether the country is on course to reach its goals of reducing and removing greenhouse gas emissions. It provides insight into the progress made, challenges experienced, and opportunities and risks that need to be considered.

◆ Overview ◆
01:00 Introduction – Rod Carr, Chair
03:51 Our monitoring role – Jo Hendy, Chief Executive
05:21 Our approach and methodology

◆ What we found ◆
08:00 Recent progress
09:10 Emissions budget 1
10:46 Emissions budget 2 and 3
12:39 What is needed

◆ Q&A ◆
17:53 How does this emissions reduction monitoring report relate to the government's draft Emissions Reduction Plan?
19:38 What time period and government policies does the report look at?
21:47 What might be driving the recent increase in transport emissions?
23:00 How can businesses tap into opportunities?
26:41 What role do electric vehicles (EVs) play?
31:03 What's the relationship between domestic emissions budgets and international obligations, including nationally determined contributions (NDCs)?
33:20 Does the Commission have a role in monitoring NZ's international obligations under the Paris Agreement?
36:58 Operational vs embodied emissions from buildings
39:00 What are the consequences for the government of not meeting emissions budgets?
41:23 How often will the Commission publish these monitoring reports, and where will they be available?
44:06 What are the implications of the Tiwai Point smelter for our future energy needs, and do we have enough renewable generation in the pipeline?
46:34 What would happen if NZ did not meet our NDCs under the Paris Agreement?
51:35 How would a 'least-cost' approach impact NZ's ability to achieve its emissions reduction targets?

◆ Closing comments ◆
57:00 Rod Carr, Chair
59:00 Jo Hendy, Chief Executive