This article was published on 11 March 2022
Recently, New Zealand has seen a major increase in new funds and investment avenues for CleanTech innovators.
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Punakaiki Climate Venture Capital Fund: Punakaiki’s parent company, LWCM, is fundraising to launch a $50m Climate Venture Capital Fund
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Icehouse Sustainable Technology Fund: Icehouse has launched the $20m Sustainable Technology Fund.
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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.
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Impact Enterprise Fund: Impact Enterprise Fund raised close to $9m in 2018 to invest in businesses providing tangible societal or environmental returns.
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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.
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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.
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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.
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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.
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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.