New Zealand oceans warming 34% faster than global average, putting homes and industry at risk, report finds

NZ$180bn worth of housing and $26bn of infrastructure at risk of flooding and storm damage, new government report finds

New Zealand’s oceans are warming 34% faster than the global average, with NZ$180bn (US$104bn) worth of housing at risk of flooding, a new report about the nation’s marine environment has revealed.

The ministry of the environment and Stats NZ’s three-yearly update, Our Environment 2025, collates statistics, data and research across five domains – air, atmosphere and climate, freshwater, land, and marine – to paint a picture of the state of New Zealand’s marine environment.