New Zealand has made a commitment to significantly reduce greenhouse gas emissions by 2030, and the Government is actively working towards this. Independent and government reports point towards a higher carbon price as an important part of New Zealand’s carbon emission reduction. This Fund offers investors a mechanism to gain exposure to the price of carbon and offset their carbon footprint.
The Carbon Fund is “Carbon Neutral” - not just “Low Carbon”.
New Zealand has made a commitment to significantly reduce emissions by 2030. The New Zealand Emissions Trading Scheme (ETS) was first envisaged when NZ signed the Kyoto Protocol in 1998. After much consultation and debate, the New Zealand ETS was launched 10 years later in 2008. A further 10 years on and New Zealand has one of the most advanced emissions trading schemes in the world.
Under the terms of the Paris Agreement, signed in 2015, New Zealand is committed to reducing emissions to 30% below 2005 levels by 2030.
A price on carbon is internationally regarded as a primary economic motivation to reduce emissions and drive investment in clean-emissions technology. Independent reports point toward a higher carbon price as an important part of New Zealand’s carbon emissions reduction. These reports indicate that higher carbon prices help to shift the economic burden of emissions onto emitters, and fuel new low-carbon drivers of economic growth.
The Carbon Fund
As the New Zealand economy transitions to a lower carbon future, the Carbon Fund - a New Zealand first - provides investment exposure to the price of carbon.
This Fund, offers an opportunity to make an investment decision that aligns to your responsible investment values. The Fund will be listed on the NZX which gives investors access to a price of carbon that is typically difficult to achieve on your own.
The Fund utilises the investment expertise of highly experienced managers who have a multi-decade perspective on investment opportunities and investment risk.
LETTER FROM THE MANAGER
Letter from the Manager of the Salt Listed PIE Funds:
We are excited to invite you to invest alongside the team at Salt Funds Management Limited (“Salt”) in the Carbon Fund, which we intend to offer on the NZX Main Board (NZX ticker CO2). Your interests will be strongly aligned with ours.
At Salt, we employ highly experienced, respected investment professionals who are experts in our fields and are passionate about what we do. For us, investing is not merely a job, it is who we are….