Outcome 4: Strong and resilient economy and value derived from natural resources
On this page
What we’re working towards
Building a strong economy with increased resilience through robust supply chains, energy security, and economic activity from New Zealand’s natural resources.
Why is this important
A strong and resilient economy is foundational to our country’s long-term success. It helps us weather global and national changes as well as natural disasters. Energy security and renewable energy sources provide better economic stability and ensure autonomy. We will work to make sure natural resources are used in a way that they can continue to benefit New Zealanders for generations to come. Important contributors to the economy, such as tourism and the primary sector also rely heavily on the natural environment. We take a systems approach to climate change mitigation and adaptation, enabling businesses and regions to shift to more sustainable products and services, and encouraging people and businesses to live sustainably.
Economic levers and services
- Supply chains and competition policy
- Energy and renewable energy infrastructure and market settings
- Management of Crown mineral estate
- Responding in times of emergency or national disaster
Government priorities supported
- Building infrastructure for growth and resilience
- Strengthening trade and investment
- Promoting innovation, science and technology
Key services
- New Zealand Petroleum and Minerals (NZP&M)
Key funding streams
- Economic development
- Energy
- Minerals
Our strategic intentions
To ensure a strong and resilient economy and value derived from natural resources, MBIE will:
- Ensure economic settings contribute to increased Gross Domestic Product (GDP).
- Increase national renewable energy capacity, improve energy security and infrastructure.
- Improve the productivity of mineral resources and their contribution to the national economy.
- Lift international and domestic investment in energy.