Hon Dr MEGAN WOODS: For New Zealand to achieve its ambitious climate goals we need to tackle the issue of emissions from our large industrial users. In the latest round, the Government is partnering with industry on more than 20 projects that will deliver an annual saving of 142,591 tonnes of greenhouse gas emissions, or 2.8 million tonnes over their lifetime. Across both funding rounds, the 39 projects funded will deliver savings of 6.6 million tonnes of greenhouse gas emissions. This equates to 14 to 18 percent of the gross long-lived emissions reductions required from the Climate Commission's first carbon budget for 2022 to 2025. This investment is another example of the Government's commitment to tackling climate change. This is about futureproofing our planet and our economy.