Recently, New Zealand has seen a major increase in new funds and investment avenues for CleanTech innovators.
- Punakaiki Climate Venture Capital Fund: Punakaiki’s parent company, LWCM, is fundraising to launch a $50m Climate Venture Capital Fund.
- Icehouse Sustainable Technology Fund: Icehouse has launched the $20m Sustainable Technology Fund.
- ACC Climate Change Impact Investment Fund: ACC have also announced they will be launching a $50m Climate Change Impact Investment Fund in Q3 of 2021.
- Impact Enterprise Fund: Impact Enterprise Fund raised close to $9m in 2018 to invest in businesses providing tangible societal or environmental returns.
- Te Tahua Pūtea mō te Kirihou Auaha: Te Tahua Pūtea mō te Kirihou Auaha is a plastics innovation fund, with $50 million available over four years.
- Low Emission Transport Fund (LETF): Low Emission Transport Fund (LETF) has increased funding to help accelerate the decarbonisation of the transport sector, through innovative transport technology and infrastructure.
- Decarbonising Industry (GIDI) Fund: The Decarbonising Industry (GIDI) Fund supports projects to move industry away from fossil fuels, with $69M of capital grants co-investment made available.
- NZ Green Investment Finance: In the 2021 Budget, the government announced an extra $300 million to quadruple the size of NZ Green Investment Finance funds to kick-start low carbon technologies.
- NZX Carbon index: NZX launched New Zealand’s first carbon efficient indices in partnership with the world’s leading index provider, S&P Dow Jones Indices, amid rapidly growing investor interest, and action globally to reduce carbon emissions and address climate change.
