Poles Apart, Like Minded

The NZ and Austrian governments have formally agreed to cooperate on the implementation of emission reduction projects, in accordance with the Kyoto Protocol. “NZ’s pro-active, pro-business approach to climate change is good news for the economy and the environment,” said ministerial representative Pete Hodgson. “Participation in the Projects to Reduce Emissions program and this arrangement [with Austria] are innovative examples of how businesses can gain a real competitive advantage from tackling climate change.” The agreement was signed at the 10th meeting of the Conference to the Parties of the United Nations Framework Convention on Climate Change in Buenos Aires.