Greater science investment to protect and grow New Zealand wealth and wellbeing

Anthony Scott, chief executive of Science New Zealand, the peak body for the Crown Research Institutes, says today’s Budget is an investment in science research which will help protect New Zealand’s economy, environment and communities, grow national wealth, and ensure New Zealand’s knowledge is critical to supporting global efforts around big issues such as climate change.

“The Antarctic is a canary in the mine for climate change. So the increase in Antarctic research will ensure we better understand this vital region which has such impact on our climate and economy. It also enables New Zealand to continue its significant contribution to global efforts to understand climate change and to define actions to adapt or mitigate.

“Hazards monitoring is vital to our communities and our economy. We live in one of the most dynamic zones in the world. We need to ensure that events are quickly understood and information conveyed. The new money will improve preparedness and response to the full range of New Zealand’s varied natural hazards, from earthquakes to volcanoes, tsunami and landslides.

“The increase in the Endeavour Fund, the nation’s contestable fund is very welcome. The Endeavour Fund enables New Zealand’s brightest and most innovative scientists to test their ideas in areas which benefit New Zealand. New Zealand’s wealth and well-being depends upon science research which protects the environment, our current economic base, and opens new areas of opportunity.

“The Growth Grants increase will further assist New Zealand’s businesses grow their R&D investment and capability. Attracting multinational companies will enhance the national innovation eco-system and bring or keep top people and the supporting infrastructure in New Zealand.”

ENDS

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