Green investment fund faces challenges of size and scope

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ANALYSIS: The new board of New Zealand Green Investment Finance, a new $100 million Government-funded venture, faces a complex task.

It effectively has two different goals, which do not sit comfortably together.

As well as boosting funds flowing into projects which cut the carbon footprint of the New Zealand economy, it also tasked with turning a profit.

This could create a conflict, not because green technology is inherently unprofitable, but because the company is meant to act as a means to boost projects which the market is failing to back.

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