More money for green investment fund
New funding expected to enable NZGIF to attract larger sums of private capital.
NZGIF is being allocated more money in the Budget to increase investment in climate-friendly initiatives.
The Government is giving another $300 million to New Zealand Green Investment Finance Ltd, bringing its total pool of capital to $700m.
Climate Change Minister James Shaw made the pre-Budget announcement this morning, saying it would enable the fund to invest more money into solutions to stimulate
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