The Centre accelerates the research, development, and commercialisation of tools and technology to reduce emissions.
It will also:
- unite efforts to accelerate research and development
- get new tools, technology, and practices to lower on-farm emissions to farmers faster
- complement the work being done through the He Waka Eke Noa partnership
- include mātauranga-based approaches to support whenua Māori owners with climate change mitigation.
It will have two key components - AgriZeroNZ (the Centre for Climate Action Joint Venture), and the New Zealand Agricultural Greenhouse Gas Research Centre (NZAGRC).
AgriZeroNZ (the Centre for Climate Action Joint Venture) is one of two key components of the new Centre for Climate Action on Agricultural Emissions.
As part of the joint venture the Government is partnering with ANZCO Foods, Fonterra, Rabobank, Ravensdown, Silver Fern Farms, and Synlait. Other partners are expected to join over time.
The joint venture is a 50:50 long-term partnership with industry partners investing up to $50 million a year, which will be matched by Government.
This will see around $165 million invested over the first four years and that is expected to grow over time as new partners come on board.
AgriZeroNZ is a world-first investment fund to help pasture-based farmers in Aotearoa reduce their agricultural emissions by 30% by 2030.
Its role is to help take the pressure off Kiwi farmers by making sure that they have equitable access to affordable and effective tools and technology to cut their methane and nitrous oxide emissions, while maintaining efficiency, production and profitability.
New Zealand’s pasture-based farming is unique, so the JV is focused on investing in tools that will work for our farmers by taking calculated risks and significantly scaling up efforts made to date by Kiwi farmers and agri-researchers.
New Zealand Agricultural Greenhouse Gas Research Centre (NZAGRC)
The NZAGRC’s goal is to discover, develop and make available practical and cost-effective technologies and practices for New Zealand farmers and growers to reduce agricultural greenhouse gas emissions.
It is a core component of the new Centre for Climate Action on Agricultural Emissions and is a key part of the Government’s approach to understanding and managing greenhouse gases from agriculture. The NZAGRC was created in 2009 to build on existing research, partnering with others to bring cost-effective, simple solutions to New Zealand farms and contribute world-leading results to the international science community.