Kathmandu, Oct. 13 -- The government reaffirmed its commitment to overall net zero climate goals by 2050, with agriculture continuing to make an important and fair contribution to achieving this reduction, said Climate Change Minister Simon Watts.

Key policy changes include a legislated review of the methane target in 2040, no tax on agricultural methane emissions, and reliance on processor incentives and sector partnerships rather than taxation, said the government statement.

Over 400 million NZ dollars (230 million U.S. dollars) is being invested by the government with industry to develop methane-cutting technologies, with 11 tools expected by 2030 and the first available from 2026, it said.

The government has also launched an on-far...