Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Taupo Protection Trust gets $81.5 million go-ahead

31 October 2006

Lake Taupo Protection Trust gets $81.5 million go-ahead

Environment Minister David Benson-Pope and Taupo MP Mark Burton today announced that Cabinet has approved the Lake Taupo Protection Trust's administration of the $81.5 million fund to protect Lake Taupo's water quality.

"This is the last step in getting the Lake Taupo Protection Trust up and running, and a significant landmark in the government’s contribution to the ongoing protection of a special place with significance for all New Zealanders and international visitors," said Mr Burton.

“I want to acknowledge that all those involved have been working long and hard to establish an effective way of administering this fund on behalf of all tax payers. Finalising the administrative structure has taken longer than expected, but the result encourages action and accountability,” he said.

The government committed $36.7 million (including GST) in Budget 2005. Together with money provided by Environment Waikato and Taupo District Council, this forms a joint fund of $81.5 million to be used to to protect Lake Taupo’s water quality.

“This is the largest environmental project in New Zealand, and I'm delighted we're able to ensure it can achieve its purpose of improving water quality in our biggest natural lake,” Mr Benson-Pope said.

"Water is one of our most valued natural assets, and is at the heart of environmental quality. Water quality in Lake Taupo is declining because of increased concentrations of nitrogen leaching into it from the surrounding land, resulting in increased algal growth and decreased water clarity.

“The establishment of the Lake Taupo Protection Trust cements our partnership with Environment Waikato and the Lake Taupo District Council to encourage and assist land-users reduce the amount of nitrogen going into Lake Taupo,” said Mr Benson-Pope. "It's a demonstration of this government's commitment to progress under the Sustainable Water Programme of Action."

The Trust will be accountable to a Joint Committee made up of representatives from Environment Waikato, Taupo District Council, the Crown, and nominees of the Tuwharetoa Maori Trust Board, who are holders of the title and kaitiaki of Lake Taupo. It will be required to prepare an annual Statement of Intent, report regularly to the Committee and review the project at least every five years.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Emissions Reduction Plan Non-Event

Clearly, the attempt to take the politics out of climate change has itself been a political decision, and one meant to remove much of the heat from the global warming issue before next year’s election. What we got from yesterday’s $2.9 billion Emissions Reduction Plan was a largely aspirational multi-party commitment to the direction of policy on climate change...


Budget: Climate Investments Provide Path To Economic Security
The Government is investing in New Zealand’s economic security by ensuring climate change funding moves away from short-term piecemeal responses and towards smart, long-term investment... More>>


Budget: Updated My Vaccine Pass For Those Who Want It

New Zealanders who are up-to-date with their COVID-19 vaccinations will be able to download an updated My Vaccine Pass from 24 May, COVID-19 Response Minister Chris Hipkins said today... More>>

Speaker: 2022 Register Of Pecuniary And Other Specified Interests Presented
The 2022 Register of Pecuniary and Other Specified Interests of Members of Parliament was presented in the House today. It contains a summary of members’ interests as at 31 January 2022... More>>

Classification Office: Following Decision To Ban Manifesto The Buffalo Mass Shooting Livestream Is Now Banned
The livestream video of yesterday’s mass shooting in the United States has now been banned, Acting Chief Censor Rupert Ablett-Hampson announced this morning. The decision follows on from his decision yesterday to call in and ban the ‘manifesto... More>>

Borders: New Zealand Poised To Welcome International Students Back
New Zealand is fully reopening to international students and the Government is committed to help reinvigorate and strengthen the sector, Education Minister Chris Hipkins said today... More>>

Inland Revenue: Commissioner Appointed
Deputy Public Service Commissioner Helene Quilter QSO has today announced the appointment of Peter Mersi to the position of Commissioner and Chief Executive, Inland Revenue Department... More>>




InfoPages News Channels