latest news- New Zealand launches climate hub on agricultural emissions to support farmers breaking news

New Zealand – New Zealand launched the Center for Climate Action on Agricultural Emissions on Wednesday to help farmers maintain their international competitive edge. The center, announced as part of the 2022 Budget, focuses on reducing agricultural emis...

latest news- New Zealand launches climate hub on agricultural emissions to support farmers breaking news

New Zealand – New Zealand launched the Center for Climate Action on Agricultural Emissions on Wednesday to help farmers maintain their international competitive edge. The center, announced as part of the 2022 Budget, focuses on reducing agricultural emis...

latest news- New Zealand launches climate hub on agricultural emissions to support farmers breaking news
30 Kasım 2022 - 08:20

Sondakika haberleri

New Zealand

New Zealand launched the Center for Climate Action on Agricultural Emissions on Wednesday to help farmers maintain their international competitive edge.

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The center, announced as part of the 2022 Budget, focuses on reducing agricultural emissions through research and development, including a substantial new 50-50 public-private joint venture.

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The agricultural sector contributes almost 50 percent of New Zealand’s gross greenhouse gas emissions and about 91 percent of the country’s biogenic methane emissions.

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It will support farmers to increase their primary industry exports, reduce emissions and maintain their international competitive advantage in a volatile global market, Prime Minister Jacinda Ardern said after launching the center at Mystery Creek Fieldays, the annual agricultural fair in New Zealand that takes place near Hamilton.

Funding of NZ$27 million (US$16.8 million) will be invested in three new projects to reduce emissions and promote sustainable economic growth.

New Zealand’s primary industry export growth has risen 39 percent since 2017, now contributing more than NZ$53 billion (US$33 billion) to the economy, statistics show.

“Our export growth provides greater economic security for all New Zealanders and improves quality of life through higher wages, new jobs and greater stability during economic downturns,” Ardern said.

Agriculture Minister Damien O’Connor said this will not only help meet New Zealand’s emissions reduction targets, but will position it as a leader in the methane inhibitor industry globally.

The government confirmed the next steps in the partnership with the primary sector to develop a strategy for carbon sequestration on farms.

Acknowledging on-farm carbon sequestration from 2025 will be a central component of the government’s work to reduce New Zealand’s agricultural climate emissions.

This builds on their commitment to establish native forests at scale to develop long-term carbon sinks and enhance biodiversity, O’Connor said. ■

(Xinhua)

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