By the end of next year, all businesses with assets in New Zealand will be required to file annual reports on their property portfolios.
The government expects this will make it easier for businesses to manage the risks associated with climate change and other financial issues.
It’s also expected to ease the burden on the small and medium sized businesses that have been hard hit by climate change.
But some experts warn that the government has gone too far.
A new study by the Institute for Policy Studies suggests that the new measures could actually be making things worse.
The report is based on a survey of more than 5,000 New Zealanders, and the results are sobering.
In a number of ways, the report suggests, New Zealand’s new reporting system could be more harmful than beneficial.
The institute found that: •The report finds that many businesses and people feel that the reporting requirements have had a negative impact on their finances.
•In many cases, reporting requirements are not only burdensome, they can also make it more difficult for businesses and individuals to manage climate change risks.
•The lack of consistency in the reporting process may lead to confusion and delay.
•More and more businesses are opting to ignore climate change in their climate change plans and are making decisions based on assumptions that they cannot verify or verify themselves.
And the report also notes that the process for determining whether a business is climate change-aware could be much longer than previously thought.
•As a result, businesses and other stakeholders could be less confident in their ability to protect themselves and their operations from climate change impacts.
•A lack of clarity about reporting requirements could make it difficult for them to manage these risks.
The results of the report were presented to the New Zealand Climate Change Commission at a closed-door meeting in Wellington on Wednesday.
The committee members discussed the report and its findings with a range of stakeholders, including the Climate Change Institute, the New Zealander government and industry.
It was not immediately clear what role the government will take on the report’s recommendations.
The council also heard that the council has been working with the government on ways to ease some of the financial burden.
“There are some changes that are coming in the next few months, to make the reporting easier, and we’re working with our regulators to make sure we can implement those changes as quickly as possible,” one of the council’s committee members said.
But the council did not endorse any particular changes to the reporting system, and it noted that there were a number other options for making the reporting more transparent and efficient.
“In many ways, it is a bit of a grey area,” said Peter Geddes, who was the chair of the climate change policy advisory group at the New York-based think tank Chatham House, in an interview with the Associated Press.
“I think there are some opportunities to do a bit more of that research and see if we can make some changes.” “
The council, which represents a broad range of business groups, said the new reporting requirements would be a “first step” to helping businesses better prepare for the challenges ahead. “
I think there are some opportunities to do a bit more of that research and see if we can make some changes.”
The council, which represents a broad range of business groups, said the new reporting requirements would be a “first step” to helping businesses better prepare for the challenges ahead.
But it also cautioned that there was no guarantee that all businesses would take steps to comply.
“We don’t know how many businesses are going to comply,” Gedds said.
“It is a risk that the report makes it look like a great step forward.”
Businesses have long been under pressure to make investments to cope with climate risks.
A 2011 report from the International Monetary Fund (IMF) found that New Zealand had one of highest carbon emissions in the developed world, ahead of Australia and the UK.
The United States, China, Japan, South Korea and France also rank high on the list of carbon emitters.
In the first half of the year, New York City saw its total carbon emissions rise to 3.5 gigatonnes, compared to 1.3 gigatonne in the previous year, according to the city’s Environmental Protection Agency.
New Zealand has a climate change budget of $2.4 billion, with the bulk of that money coming from carbon pricing and other measures to fight climate change, including carbon trading.