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Nanaia Mahuta to launch new climate finance strategy in Tonga

Foreign Minister Nanaia Mahuta is launching a new strategy during her visit to Tonga, which outlines how decisions will be made to spend the $1.3 billion New Zealand pledged for climate finance ahead of last year's UN Climate Change Conference (COP26).

The Aotearoa New Zealand International Climate Finance Strategy, Tuia te Waka a Kiwa, was released by Mahuta and Climate Change Minister James Shaw this morning.

It would spell out in practical terms how New Zealand could put its investments to work "to support Pacific partners and whānau to build resilience and deal with the number one security threat in the region," Mahuta said.

In announcing the $1.3bn climate finance pledge last year, Shaw said at least half of the money would go to the Pacific.

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