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Wellbeing budget

Geography
🇳🇿 New Zealand
Year
2019
Document Type
Policy

Summary

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.

Documents

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 Topics mentioned most in this policy

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Climate justice
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

Grantham Research Institute

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.