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A report released this week looks at the use of freight certificates to speed up decarbonising heavy freight transport in Aotearoa New Zealand.
Te Manatū Waka Ministry of Transport partnered with the Sustainable Business Council (SBC) on a feasibility study which found that a system of renewable freight certificates to certify low-emissions freight routes throughout the country is a feasible and achievable option.
Transport produces 40% of New Zealand’s domestic carbon emissions, and around a quarter of that is produced by heavy vehicles. Through the first Emissions Reduction Plan, the Government has set a goal of reducing freight emissions by 35% by 2035, relative to 2019 level, on the way to helping New Zealand meet its goal of net-zero carbon emissions by 2050.
Partnering with SBC on a feasibility study into a market-led low carbon freight mechanism was one of the immediate actions identified in the Aotearoa New Zealand Freight and Supply Chain Strategy.
SBC and Te Manatū Waka are now working together to look at what the next steps might be to design and create a market led freight decarbonisation system, including options for funding.
Read the Renewable Freight Certificate Assessment report. (external link)
Read the Aotearoa New Zealand Freight and Supply Chain Strategy. (external link)