Oil
While domestic production of oil and LPG continues to decrease, the volume of oil consumed in New Zealand in 2025 stayed relatively steady. Despite geopolitical events in the Middle East, prices remained stable over the course of the year.
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Diversity In MBIE Science Investments
Diversity is vital for our science system to realise its full potential. A focus on diversity ensures we capture the very best ideas and talent to support the highest quality research.
Electricity
Record levels of geothermal and solar generation, driven by growth in generation capacity and reduced reliance on thermal generation. As a result, 88.5% of electricity generated in 2025 came from renewable sources.
Vision Mātauranga
We understand that Māori success is New Zealand’s success and that unlocking the science and innovation potential of Māori knowledge, people and resources will benefit New Zealand.
International Visitor Conservation and Tourism Levy Review 2024
In May and June 2024 we consulted on proposed changes to the International Visitor Conservation and Tourism Levy (IVL). Following consultation, the Government has now agreed to increase the IVL to $100.
Gene technology regulation
New Zealand’s gene technology rules are being updated to match scientific and technological advancements.
Successful Horizon Europe Pillar 2 projects with New Zealand partners
MBIE is providing top-up funding to support these New Zealand research organisations participating in Horizon Europe Pillar 2 projects.
Workforce Initiatives
Our people are the greatest asset in meeting the challenges of the future. MBIE aims to deliver better support and more opportunities for the science, innovation and technology workforce.
Further information on Horizon Europe for New Zealand entities
This page provides detailed information and guidance to address commonly asked questions about Horizon Europe participation for New Zealand researchers and organisations.
Our Science Board
Our Science Board is the statutory body responsible for making independent investment decisions for the Endeavour Fund.