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 2011/12 financial year covering the following:
- a total of around $23 million over the period of three years for the development of a national carbon accounting system
- a total of nearly $11 million for policy advice in relation to the domestic climate change programme including the Emissions Trading Scheme and international climate change programme including negotiation for a successor to the Kyoto Protocol
- a total of just over $909 million for the allocation of New Zealand emission units to the NZ economy
- a total of $427,000 for New Zealand's contribution to the United Nations Framework Convention and the Climate Change Development Fund
- a total of $487,000 for administration of the Emissions Trading Scheme
- a total of $177,000 for the administration of New Zealand Units held on Trust
- a total of $10 million for the issue of New Zealand Assigned Amount Units to Permanent Forest Sink Initiative participants, and
- a total of over $1.200 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.
