New Zealand Presentation Seminar of Governmental Experts Bonn, 17 May 2005

1. New Zealand Presentation Seminar of Governmental Experts Bonn, 17 May 2005

2. New Zealand’s actions • Importance of national circumstances • Constructive dialogue urgently needed Overview

3. Carbon tax from 2007 • Negotiated Greenhouse Agreements • Projects to Reduce Emissions • Permanent Forest Sinks Initiative • Research on agricultural emissions • Adaptation • Public Awareness and Education • Supporting policies New Zealand’s actions

4. Voluntary commitment of $5 million per year from 2005 for developing country activities • Focused on helping to meet the needs and concerns of Pacific Island Countries New Zealand’s actions

5. Economy dependant on a stable climate • Relatively small but energy intensive industrial sector • Electricity– high proportion of renewables • CH4 and N2O from agriculture are 50% of emissions • Significant plantation forestry industry and large areas of protected indigenous forest New Zealand’s circumstances

6. Given the urgency of the issue and the real costs to us all of doing nothing, how can we get a constructive dialogue started now on what the international community should do next to tackle climate change? • What do we agree on? • Start by looking at different ways forward? Future action

7. How can we make climate change measures compatible with future economic growth and development aspirations? • Certainty for business? • Role of climate-friendly technology? • Role of market mechanisms? Future action

8. How do we recognise that some economic sectors (such as agriculture) currently have limited technology solutions? • Recognition of research? • Flexible and differentiated solutions? Future action

9. How do we get all the major emitters involved? • We are all affected by climate change; we all have to contribute to the response • Need broad and balanced participation More information: www.climatechange.govt.nz Future action