INTIEANew Zealand · Government Investment in Decarbonising (GIDI) Fund: FonterraPolicyIn force

Government Investment in Decarbonising (GIDI) Fund: Fonterra

In 2023, the New Zealand government announced an agreement with Fonterra Dairies to replace coal boilers used in the company's factories with wood-pellet powered boilers.  This project will be funded in part (NZD 90 million) by the New Zealand government through the Government…

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Country / jurisdiction: New Zealand · Year: 2023 · Status: In force · Level: National · Type: Voluntary

In 2023, the New Zealand government announced an agreement with Fonterra Dairies to replace coal boilers used in the company's factories with wood-pellet powered boilers.

This project will be funded in part (NZD 90 million) by the New Zealand government through the Government Investment in Decarbonising (GIDI) Fund.

Official source: https://www.mbie.govt.nz/dmsdocument/27376-engagement-with-very-large-emitters-investment-for-second-significant-decarbonisation-proposal-and-report-back-on-new-zealand-steel-proactiverelease-pdf

Source

https://www.iea.org/policies/19914

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