The Government is helping even more of New Zealand's biggest industrial players slash their emissions faster, with one of the Government's biggest hitters when it comes to supporting decarbonisation, Minister of Energy and Resources, Dr Megan Woods announced today.

"In partnering with the private sector through the third round of the Government Investment in Decarbonising Industry Fund we're helping to clean up production processes, and helping business stay ahead of the curve," Megan Woods says.

"We know New Zealanders want to see lower-carbon products and services, and the proactivity these businesses are showing makes good business sense as well as being better for the environment, so we all stand to benefit."

Read the full release on the Beehive website(external link)

Key outcomes

  • Backing 15 big businesses to move away from fossil fuels in their production processes.
  • Equal to taking 14,400 cars off the road.
  • $13 million of Government funding matched by $32.66 million from industry.
  • Achieves a total of 900,631 tonnes of carbon emissions saved over the project lifetimes.

Read more about projects funded by the Government Investment in Decarbonising Industry Fund