New Zealand launches new device to support people with special needs – OpenGov Asia
As part of the government’s goal of making the public sector carbon neutral by 2025, more state-owned enterprises will be encouraged to switch to sustainable energy. James Shaw, the Minister of Climate Change, announced an additional $ 13.2 million from the government’s $ 220 million Public Sector Decarbonization Fund to acquire electric vehicles and replace coal-fired boilers with cleaner options.
In Aotearoa, the fund has helped state-owned companies buy more than 600 electric vehicles and replace more than 100 coal-fired boilers. “Our government has invested tens of millions of dollars in clean energy projects in public organizations across Aotearoa, helping to create jobs and support our recovery from COVID-19.”
Projects announcement will contribute to the transition to a carbon neutral public sector by 2025. Some of the clean energy initiatives that will benefit from today’s funding announcement include:
- Addition of 127 additional electric vehicles to the public sector fleet
- Improve universities and other public organizations to operate with clean, climate-friendly energy
The government has laid the groundwork for a rich, low-emission future for Aotearoa over the past four years. This includes laws like the Zero Carbon Act and programs like the State Sector Decarbonization Fund, which help companies make small but essential adjustments that contribute to a better, cleaner future for Aotearoa New Zealand.
Most New Zealanders want to be able to access utilities in hot, energy efficient facilities powered by sustainable energy, whether it’s a local school, university or hospital. Citizens also want to know if important workers in the public sector can get around using electric vehicles for their work.
“Because of today’s announcement, I have no doubts that the future is closer than ever,” said James Shaw.
OpenGov Asia reported that an intergovernmental partnership has been formed to turn the tide and make New Zealand a global leader in clean technology. One of the main recommendations of the report was to increase collaboration between government organizations to increase investment in clean technology. Another is to work with multinational corporations to help businesses grow.
The spokesperson for the New Zealand Clean Technology Innovation Agency said the new technologies will help the country meet its carbon targets and build a high value-added export sector while creating jobs. More investment was needed to commercialize some of the emerging technologies in order to achieve this. The partnership would develop a five-year roadmap to attract investment, strengthen local and global networks, identify new initiatives and develop clusters of clean technology companies.
Despite the fact that a recent review of cleantech companies nationwide revealed as many as 300 companies working on technologies, applications, alternatives to plastics, new energy sources, and industrial waste treatment. In FY2020, 98 clean tech companies that had been funded by the New Zealand Innovation Agency generated $ 334 million in revenue, supported nearly 2,000 jobs and invested $ 95 million research and development. There were around 680 high value-added research and development jobs.
The NZ CleanTech Mission collaboration was formed by the New Zealand innovation agency and a few other innovative companies to clean technologies into viable businesses. FintechNZ also wants to see an increased commitment to green technologies to tackle climate change and lead the financial services industry towards sustainability. Reducing carbon emissions to zero is more important than ever, but so is preparing for the risks of global warming.
As New Zealand recovers from the global pandemic and prepares for a resilient future, the acting executive director of FintechNZ believes the need for financial companies to act now is greater than ever. The average investor and many companies are not only aware of the problem, but the benefits are often just as great as investing in, for example, fossil fuels.
Green fintech has the potential to propel New Zealand into a more environmentally conscious and better connected economy to tackle climate change. FintechNZ encourages Kiwi companies to create platforms that analyze the impact of investments on the environment.