New Zealand’s ride towards the clean tech

The term which can be credited to Ron Pernick and Clint Wilder, “clean tech” is generally

used to describe products, processes or services that reduce waste and require as few non-

renewable resources as possible.

The Clean Technology Trade Alliance, a global initiative to drive the expansion of clean tech,

defines it as: “A broad base of processes, practices and tools, in any industry that supports a

sustainable business approach, including but not limited to: pollution control, resource

reduction and management, end of life strategy, waste reduction, energy efficiency, carbon

mitigation and profitability.”

The current key sectors in the clean technology industry are-

* Sustainable energy and energy optimization to reduce dependence on fossil fuels

* Recycling and waste management

* The provision of clean water to all who need it

* Pollution reduction

Recent times have started a global drive, to adopt clean technology solutions due to the

current climate emergency being declared by governments globally. The need for the same

can be attributed to our growing reliance on fossil fuels for energy since the industrial

revolution. Governments are adopting regulatory regimes as an alternative, that require

industry and individuals to reduce their environmental impacts. To support such regimes,

voluntary reduction schemes and carbon trading schemes are being introduced.

Mounting pressures from global communities and other social organisations have resulted

in widespread adoption of clean technologies. The spread has now reached amongst New

Zealand Business. As technology has become a driver of growth for every country, the

Aoteroan enterprises are resorting to clean technology to reduce the environmental

impacts and also introduce a healthy alternative.

Moreover, New Zealand has been witnessing an increasing interest in the role of technology

in climate change and environmental sustainability. The nation’s prime agency on

technology in business, Callaghan Innovation reported a major increase in new funds and

investment opportunities for CleanTech innovators. New Zealand work ecosystem has also

been introducing a number of developments related to sustainability at work.

Furthermore, the agency’s plans have been echoed by NZTech, the government-backed

industry organisation that was tapped to initiate the marketing of the country’s technology

to the world. In March 2022, NZTech’s Board had launched a new sustainability sub-board

which would focus on approaching towards sustainability. The firm’s AI Forum has also been

exploring the current and potential uses of AI in New Zealand to help drive positive

environmental outcomes.

Callaghan Innovation, which takes its name from Sir Paul Callaghan, a prominent New

Zealand physicist who died in 2012, has been tasked with making New Zealand’s business

more initiative oriented.

New Zealand has witnessed major increase in new funds and investment avenues for

CleanTech innovators. A spate of old businesses is spinning off CleanTech initiatives. Some

of these come in the form of:

* Capital funds with the climate as a target

* Funds to support sustainable technology

* Funds to support decarbonising

* Funds to kick-start low-carbon technologies

Furthermore, in 2021, New Zealand initiated its mission to boost climate innovation. The

New Zealand CleanTech Mission, led by Callaghan Innovation, is in partnership with a host

of private and public sector initiatives. It has been supported by New Zealand Trade and

Enterprise. CleanTech is mainly focused on reducing the consumption of resources (like

energy) and the emissions of toxins such as carbon dioxide. A few aspects where CleanTech

would be focused are-

* Smart motor systems

* Smart logistics

* Smart buildings

* Smart grids

Digital transformation makes CleanTech a reality. Without it, achieving sustainable

development becomes an uphill climb. It’s worth noting that New Zealand has been

advocating clean energy for some time now. Its foray into lithium mining, for instance, puts

it in a possible global leadership position when it comes to green energy. Lithium is the main

material for electric cars. By exploring lithium extraction on its island, Aoteroa is at the

forefront of CleanTech.




Follow BizzTalk World for more news and updates from different domains of a business.


             Go Back