Simon Watts: Climate Change Minister on the Government winding down Green Investment Finance - Heather du Plessis-Allan Drive

The Government has revealed the New Zealand Green Investment Finance will stop making new investments - and will wind down its' existing portfolio.

Climate Change Minister Simon Watts says it has invested almost $400 million into various projects, with 'limited' results.

Watts says there's no need for the Government to be involved in this particular market going forward.

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