Driving sustainable growth: Opportunities for New Zealand’s economy
The case for a sustainable innovation-driven economy
The NZ Sustainable Business Council and the Climate Leaders Coalition have published the report Driving Sustainable Growth: Opportunities for New Zealand’s Economy. The report demonstrates that if NZ pursues an economy driven by innovation and productivity and underpinned by affordable and plentiful renewable energy, we can unlock a pathway to becoming a more prosperous country, with positive benefits to the environment and climate. The economic opportunity before us is not about small improvements on the margins – it is about a legacy we can lay down for future generations while simultaneously contributing to tackling one of the greatest challenges we face – climate change.
The report estimates the economic prize is an increase of $22 billion per year in GDP by 2035, rising to more than $33 billion by 2050, compared to an economy that only relies on the current carbon price path.
Click here to read the full document.