Brooking RachelRACHEL BROOKING (Labour): Thank you very much Madam Speaker. Today I started the day in Auckland at the Environmental Defence Society and Sustainable Business Council conference with a whole host of business leaders talking about climate change and I was not alone; there were other member of the House there as well. We were speaking about the emissions trading scheme (ETS) and complementary measures to reduce climate emissions. So we were of course talking about the Climate Emergency Response Fund and I'll talk about that a little bit in my speech—that's called the CERF for short. In this Budget it's at $2.9 billion. That is an incredibly substantial investment in something I'm very proud of. So that CERF provides for a whole lot of the complementary measures that we need to combat climate change in addition to the ETS there. Then I want to talk about some other things as well that are related to that but go beyond the CERF.So one of those things is resource management reform. It's very important to know that in the reform that is coming with the Natural and Built Environments Bill and also the Spatial Planning Build mitigation measures will be enabled in a way that they're not in the current regulations. The current regulation often prevents good climate mitigation measures from happening and that needs to change.We also spoke at this conference about adaptation. I think it's important that we always—whilst climate change of course relates to both adaptation and mitigation and those two things are linked adaptation is different from mitigation. Adaptation is our response to the climate crisis as the climate changes. This has got a lot of attention in the past couple of months in the last month even with what we've seen in both Nelson and Pakistan. Of course these events have been happening for a long time and they're going to continue to happen. In New Zealand it's very important that we address climate adaptation as well as mitigation and that is because we live on some islands. Of course sea-level rise will affect us but so too does changing weather patterns. We heard at the ETS conference from a tourism provider in Queenstown and surrounds—Real Journeys—talking about the real changes that wind speed increases mean to their business. How do you moor boats? What sort of ropes do you need if the wind speeds are higher? How can you open your ski fields if you've got those high wind speeds as well? So not only are talking about sea-level rise and adaptation but there's a whole host of changes.Again the resource management reform is going to be important to that. Then there's that third piece of legislation as well for climate adaptation. I'll come back to these—ASSISTANT SPEAKER (Hon Jacqui Dean): Order! Can I invite the member just to come a little more closely into the appropriation Estimates bill.RACHEL BROOKING: Yes and I have this all here. Related to climate issues is of course biodiversity loss—I'll come back to the CERF but we can go through some of the biodiversity funding that is in this Budget.One of the reasons that people care about climate change and not wanting it to happen is because of the biodiversity loss that has happened. The Budget provides $61.5 million for implementing the biodiversity strategy around Predator Free 2050. There's $30 million there for deer management and goat control. Predator control for those mast years that's at $26.9 million. And then there's also concern about our marine taonga species and so there's $7.1 million there for the biodiversity. There's also funding in the Budget for waste emissions so that is to decrease waste emissions by a range of factors including decreasing waste and diverting it from going to the landfill for landfill gas capture research and for resource recovery infrastructure.So turning back to the CERF and what that has in this Budget—so we know that the CERF is that hypothecation of the ETS going back into measures that are really going to decrease emissions. So this includes $73 million for insulation of low-income homes. That's a win-win as we see with many climate measures—not only do people live in nicer warmer homes; they don't have to pay so much for electricity and there's a benefit for the climate.There's also money to decrease agricultural emissions. So there's $338 million there for looking at how we can really reduce greenhouse gas emissions in the agriculture sector and this includes money for research and development.Also we're wanting to increase our renewable electricity. We've got a huge benefit in New Zealand in that a lot of our electricity is already renewable but certainly not all of our energy. So how do we make more of our energy renewable? We want to add an electricity factor to it and of course then we need more renewable electricity. So there's $5.2 million in there for electricity market measures because it's a complicated system and we want to make it as good as it can be.Also you will see in lots of other countries there are large offshore wind turbines. We don't have a regulatory framework for providing that energy and that infrastructure in New Zealand at the moment. So there's money in the Budget for both that offshore regulatory framework but also a road map to hydrogen with $17.6 million.There's also money in that CERF for community renewable energy projects at $16 million. So that is when communities are able to use smaller pieces of infrastructure—so solar maybe some small wind turbines and that sort of thing—we really want to incentivise that as well.Related there's money for mode shift in transport. Forty seven percent of our carbon emissions relate to transport so we want to try and not only have electric vehicles where they're appropriate but also encourage cycling and public transport. So there's $374 million in that line item.There's also the important work that's happened—and I acknowledge the Hon David Clark here—in terms of climate-related disclosures. Just being at this business conference discussing climate this is a big thing that those business the banks are going to have to say what their risks and opportunities are around the climate. And those standards there's money in the Budget for implementing and getting those going.Where I started was about the Resource Management Act (RMA) reform and having this legislation that does enable climate mitigation. It's important to remember that when the RMA was first made into law some 30 years ago $2 million was assigned for its implementation and we've heard now for the past three decades about how that Act was never implemented in the way that people imagined it to be. So there's $133 million in that stream.Also one of those important reform pieces is the creation of a strategic planning Act. So that is to enable us to look both at our long-term planning of where we want things to go but also where we don't want them to go so we can link in to the climate adaptation plans that we have and that we can look at where we want those mitigations to be as well. So there's $31 million for that piece of work.As I mentioned there's also this very difficult issue that the climate adaptation Act is to deal with and that is existing housing and communities that are in areas where climate change is happening and we need to respond to it and we need to respond to it in a fair way and the equity issues involved in getting over a moral hazard—so not just saying Someone's rich by the beach so we don't need to worry about it."; there's lots of very poor and vulnerable communities that will need some assistance. So there's $10.6 million for that very important piece of work."