NZGIF's change in purpose
NZGIF was established in 2019 to accelerate investments that support New Zealand’s decarbonisation.
In April 2025, Shareholding Ministers, noting a changed investment landscape in the low emissions investment market, passed a shareholder resolution changing the Company’s constitution and instructed NZGIF to effect a managed wind-down of its investments, while meeting its ongoing contractual and legal obligations.
In giving effect to the expectations set out by Ministers, NZGIF is transitioning from an investment origination focused business to an investment management business, seeking to exit investments and return investment capital to the Crown.