Rein in financial investments in cluster bombs
2nd Sep 2011 | Filed Under Coalition Actions, Divestment, Legislation, Press release
The New Zealand government must take measures to ensure compliance with the 2009 law prohibiting investment in the development and production of cluster bombs, said the Aotearoa New Zealand Cluster Munition Coalition (ANZCMC) today in a letter to the government and press release. Read more
Cluster bomb ban law passes
11th Dec 2009 | Filed Under Coalition Actions, Divestment, Legislation, NZ Government
(Wellington: 11 December 2009) Campaigners are celebrating the passage of the Cluster Munitions Prohibition Bill by the New Zealand parliament last night. With the unanimous vote in support of the implementing legislation, New Zealand’s ratification of the international treaty banning cluster munitions is now imminent. Read more
Second Debate on the Bill
10th Dec 2009 | Filed Under Divestment, Legislation, NZ Government
The Cluster Munitions (Prohibition) Bill is scheduled for its second debate in House this afternoon [10 December 2009 New Zealand time], starting at approx. 4.20pm local time. Watch it live online on the Internet or on television (on channels Freeview 22 or Sky 94) or come down to Parliament in Wellington and witness it live from the viewing gallery. Read more
Explosive Investments Report
2nd Nov 2009 | Filed Under Coalition Actions, Divestment, NZ Government
On 29 October 2009, campaigners in Europe launched a call for governments to stem the flow of money to cluster munition producers operating in countries that have not joined the 2008 Convention on Cluster Munitions. The Cluster Munition Coalition (CMC) is calling on all governments unilaterally ban the funding of cluster munition production, calling the weapon “morally and commercially unviable.” Read more
NZ Super Fund Agrees to Divest
4th Apr 2008 | Filed Under Coalition Actions, Divestment
On Friday 4 April 2008, the Guardians of the New Zealand Superannuation Fund announced “their intention to exclude from the Fund companies that remain involved in the manufacture of cluster munitions.” The full text of this announcement is available on their website. According to the Guardians, an “exclusion plan” will be implemented when New Zealand signs the treaty prohibiting cluster munitions. Read more
Ireland does the right thing…
28th Mar 2008 | Filed Under Coalition Actions, Divestment
Ireland has just announced it will divest its national pension fund from such investment (see below). Why can’t New Zealand take this step??? Read more