Purpose of the report
To assess if and how New Zealand can simultaneously lift productivity and reduce emissions by transitioning to an innovation-driven, low-emissions economy, supported by robust economic modelling and international evidence.
Key findings
New Zealand’s productivity remains ~20% below the OECD average. A coordinated transition – combining stable policy, renewable energy, innovation, and a credible carbon price – could deliver GDP gains of $22 billion p.a. by 2035, rising to over $33 billion annually by 2050. Electrification and digital technologies lower costs and improve efficiency, while targeted R&D and a focus on commercialisation accelerates adoption. This pathway also materially reduces emissions. The primary constraint is policy certainty; enduring, coherent policy and joint action between government and business are critical to unlock investment.
Sapere staff involved: Toby Stevenson and Corina Comendant
Client
Sustainable Business Council
Climate Leaders Coalition
Media:
Business leaders lay out plans to weather future global crises
A $22b opportunity: businesses push for climate policy stability
How NZ could unlock billions by a shift to greener economy
Green tech could add $22b to annual GDP growth in 10 years – report
Beyond politics: $22b green windfall promised if NZ unites on clean fuel, power