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Budget 2010 Home Page Estimates of Appropriations 2010/11

Vote Climate Change

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Climate Change Issues (M12)

ADMINISTERING DEPARTMENT: Ministry for the Environment

MINISTER RESPONSIBLE FOR MINISTRY FOR THE ENVIRONMENT: Minister for the Environment

Overview of the Vote

The Minister for Climate Change Issues is responsible for appropriations in Vote Climate Change for the 2010/11 financial year covering the following:

  • a total of nearly $29 million over the period of four years for the development of a national carbon accounting system
  • a total of nearly $12 million for policy advice in relation to international negotiations under the Kyoto Protocol, development and implementation of the Emissions Trading Scheme and other climate change policy measures
  • a total of nearly $1,034 million for the allocation of New Zealand emission units to the NZ economy
  • a total of $300,000 for New Zealand's contribution to the Climate Change Development Fund to support international projects addressing climate change impacts
  • a total of $127,000 for New Zealand's contribution to the United Nations Framework Convention on Climate Change
  • a total of nearly $8 million for the issue of New Zealand Assigned Amount Units to Permanent Forest Sink Initiative participants, and
  • a total of over $2 million for the purchase of Projects to Reduce Emissions (PRE) emission units by the Crown from the PRE portfolio.

Details of these appropriations are set out in Parts 2-6 for Vote Climate Change in the Information Supporting the Estimates of Appropriations.

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