Refresh of the NZ ETS settings frameworks and tools
About this project
On 26 June 2025, the Minister of Climate Change Hon Simon Watts wrote to the Commission’s Chair Dame Patsy Reddy. He advised that he had directed Ministry for the Environment (MfE) officials to work on a refresh of the analytical tools and decision-making frameworks used for the NZ ETS unit limits and price control settings (NZ ETS settings), with the involvement of the Climate Change Commission. Dame Patsy Reddy wrote back on 18 July 2025 to indicate the Commission’s willingness to participate in the refresh project.
This exchange of letters, along with the Terms of Reference for the NZ ETS settings refresh project which provide more information about its scope, nature and timeline, are provided below.
Downloads
NZ ETS Settings Refresh: Letter from the Minister of Climate Change (.PDF, 70.1 KB)
NZ ETS Settings Refresh: 18 July 2025 Response from Dame Patsy Reddy (.PDF, 427 KB)
NZ ETS Settings Refresh: Terms of Reference (.DOCX, 61 KB)