Philip Davis said, on January 28, 2026, that the Bills gave “legal structure” to the work his Government did on Blue Carbon Credits. “It also strengthens reporting relationships between the National Emissions Registry and the Prime Minister, ensuring clearer oversight and accountability,” Prime Minister Davis added. “It must be built into law; and we are ensuring that happens today,” Prime Minister Davis said. “It tests whether a nation plans only for the next budget cycle or for the next generation,” Prime Minister Davis said. Prime Minister Davis added: “Climate change will continue to challenge us.