Articles tagged with Investments

Government Backs NZ Forestry Innovation with $8M Mass Timber Project Boost

1 month ago | 329 views

The New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.

Tags: Todd McClay New Zealand Government forestry sector Agriculture Minister VoMo Limited Red Stag Investments mass timber modules sustainable productivity regulatory reform

Government Invests $8M in Lower Methane Dairy Genetics Research at State-of-the-Art Facility

9 months ago | 726 views

The Government has invested $8 million in lower methane dairy genetics research at a new state-of-the-art methane research facility in the Waikato, according to Agriculture Minister Todd McClay. Livestock Improvement Corporation's 'Methane Barn' will allow for monitoring and measuring methane from dairy cows to help farmers select lower-emitting genetics without affecting productivity. The Government and industry aim to develop methane-cutting tools with investments totaling over $400 million, ensuring farmers can reduce on-farm emissions without compromising production or jobs.

Tags: Government Agriculture Minister Todd McClay methane research livestock improvement genetics methane emissions mitigation tools climate obligations investments