India–New Zealand FTA talks continue in Delhi as officials pursue trade breakthrough
This past week has seen another round of negotiations between India and New Zealand to produce a free trade agreement (FTA) between the two countries.
AgriZeroNZ has entered a new partnership with Britain's national innovation agency, Innovate UK.
The partnership was confirmed in London this month with the signing of an agreement at an event hosted by Prime Minister Christopher Luxon to celebrate connections between the United Kingdom and New Zealand.
Innovate UK and AgriZeroNZ will work together as investor partners, combining grant funding, investment and expertise to stimulate research and development into reducing agricultural greenhouse gas emissions.
Wayne McNee, AgriZeroNZ chief executive, said the partnership is expected to unlock new investment opportunities to support its ambition to ensure all farmers in New Zealand have equitable access to affordable, effective solutions to reduce biogenic methane and nitrous oxide emissions.
"The UK is highly regarded as a thriving hub for innovation and we're excited to tap into this network of high potential businesses across the agritech system with Innovate UK."
The partnership is said to complement AgriZeroNZ's diverse investment portfolio which includes UK start up Agroceutical Products, a previous Innovate UK funding recipient. AgriZeroNZ is setting up a new entity with the company in New Zealand and investing up to £2m to investigate how its daffodil extracts could be used as a methane inhibitor to reduce agricultural emissions.
AgriZeroNZ is described as a world-first public-private joint venture focused on helping farmers cut emissions while maintaining their competitive edge.
Established two years ago, the JV is half owned by the New Zealand Government through the Ministry for Primary Industries and the other half owned by private companies - the a2 Milk Company, ANZ Bank New Zealand, ANZCO, ASB Bank, BNZ, Fonterra, Rabobank, Ravensdown, Silver Fern Farms and Synlait. Private sector funding is matched by Government, dollar-for-dollar, to provide $191 million over AgriZeroNZ's first four years.
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Tighter beef and lamb production globally have worked to the advantage of NZ, according to the Meat Industry Association (MIA).
Groundswell is ramping up its 'Quit Paris' campaign with signs going up all over the country.
Some farmers in the Nelson region are facing up to five years of hard work to repair their damaged properties caused by the recent devastating floods.
Federated Farmers is joining major industry-good bodies in not advocating for the Government to withdraw from the Paris Agreement.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
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