#26: Green finance – should it be taxpayer funded?
In this episode of The NBR Podcast with Simon Shepherd: NZ Green Investment Finance was created to address ‘market failure’ in the climate finance sector. Five years on, is it still needed or has the market fixed itself? New CEO Sarah Minhinnick argues the case that the zero carbon 2050 transition is such a huge job there‘s a role for everyone. Timestamps below: (03:45) - The only way to have a real impact is to get larger scale projects underway, or larger scale investments in projects underway. Is that, and is that why you're there? (09:26) - So the reason for nzgift being established in the first place seemed to be that there was market failure in the climate finance sector. That may have been the case then, but is that really the case now? (12:43) -$700 million to invest. You've invested more than 400 million. So there's sort of just under 300 million left in the kitty. Is that correct? (15:46) - You reference bigger deals. Do you have bigger deals in the pipeline? Links to audio clips used here.