This Member’s Bill sets out the Green Party’s plan to move Aotearoa New Zealand towards a safe climate future, by divesting all public funds from fossil fuel industries.
Why are we doing this?
We’re working hard to create a future that we can be proud to pass on to our kids and our grandkids, and we want New Zealanders to look back on today and know that we did everything we could to prevent the climate crisis.
We know that to stay within 1.5 degrees Celsius of global warming, to ensure we avoid the worst impacts of a climate crisis, we cannot afford to burn all the fossil fuels that have already been discovered. Yet New Zealanders’ public money is still invested in the extraction and production of fossil fuels.
What would the Bill do?
This Bill draws a line in the sand for fossil fuel investment and will direct public fund managers like the multi-billion dollar ACC Fund to remove their investments from companies directly involved in the mining and production of fossil fuels.
For more detail, see the complete Member’s Bill here.
What happens next?
We’re asking the whole Government to support this, but in the meantime we’ve submitted this Bill into the Member’s Ballot, which gets drawn at random. So there’s a chance this Bill could get debated soon – and hopefully passed into law!
Some very significant laws began as Green Party Member’s Bills, like the Election Access Fund that provides support to make the democratic process more accessible, the world-leading Domestic Violence – Victims Protection Act that provides paid leave for victims of domestic violence, and the ground-breaking Waste Minimisation Act 2008.
How can you help?
Sign on to show your support for our government to take action on climate further.