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The Government has welcomed Fonterra’s commitment today to speed up its transition away from using coal.

​​​​​​​The Wellbeing Budget provides opportunities to grow and modernise New Zealand’s economy while ensuring a just transition to a low emissions future. We need to preserve and enhance our environment, as part of the foundation for our long-term wellbeing.

Changes to the Terms of Reference for the Interim Climate Change Committee will better prepare the Government to initiate meaningful change to key legislation, addressing the implications of our changing climate.