9 Aug 2023

Private investment 'crucial' to hit 100% renewable energy

From Morning Report, 7:12 am on 9 August 2023

A climate policy expert says for New Zealand to hit 100% renewable energy, private investment is crucial.

One of the world's largest investment companies has launched a major new climate fund to help the country meet its renewable energy goals.

The Government has been working with American investor BlackRock on a $2 billion fund which will give money to businesses to develop more wind, solar, green hydrogen, and other renewable climate solutions.

Professor David Frame from the Univeristy of Canterbury spoke to Corin Dann.