What's at stake: A giant American fund manager's plans for a $2 billion New Zealand climate investment fund.
Background: BlackRock is about to open a New Zealand office and hopes the New Zealand Net Zero Fund, announced by the previous Labour Government in August, will make its first investments in early 2024.
Main players: BlackRock, Labour, National, Christopher Luxon, Andrew Landman, Megan Woods.
Giant American fund manager BlackRock’s plans for a $2 billion New Zealand climate investment fund are proceeding apace, despite the change in government.
The previous Labour Government made repeated efforts to woo BlackRock here and, in August, announced it had helped it establish a first of its
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What's at stake: A giant American fund manager's plans for a $2 billion New Zealand climate investment fund.
Background: BlackRock is about to open a New Zealand office and hopes the New Zealand Net Zero Fund, announced by the previous Labour Government in August, will make its first investments in early 2024.
Main players: BlackRock, Labour, National, Christopher Luxon, Andrew Landman, Megan Woods.
