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The Government and farming sector leaders have agreed to a world-first partnership to reduce primary sector emissions in one of the most significant developments on climate action in New Zealand's history.

The Government is today delivering landmark action on climate change – the biggest challenge facing the world and New Zealand.

Business and the Government will jointly tackle climate change with the launch of New Zealand Green Investment Finance Ltd; a $100 million fund to reduce New Zealand’s greenhouse gas emissions, Prime Minister, Jacinda Ardern, and Climate Change Minister, James Shaw, announced today.