The 2019 budget set out by the government notably aims to make New Zealand more sustainable and climate-resilient. It makes a number of pledges including:
1) promoting renewable energies and other low-carbon solutions through the Advanced Energy Technology Platform, the establishment of the National New?Energy Development Centre in Taranaki.
2) investing in sustainable land use (Productive and Sustainable Land Use Package), through a NZ$229.2 million package for projects to protect and restore at-risk waterways and wetlands and research funding to help the agricultural sector.
3) reducing greenhouse gases in the transport sector, especially by investing NZ$1 billion in KiwiRail.
4) help the private sector to transition to a low-carbon economy with a NZ$106 million grant.
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Wellbeing budget
Summary
Documents
Document
Topics 
Beta
About this policy
Year
2019
Most recent update
18/05/2023
Geography
Response areas
Adaptation, Mitigation
Sectors
Agriculture, Economy-wide, LULUCF, Transport, Water
Topics
, ,  
 Topics mentioned most in this policy  Beta
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Climate finance
Public finance actor
Targets  1
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.