Regional Infrastructure Fund focuses on loans, investments

Regional Development Minister, Shane Jones, Photo: RNZ / Angus Dreaver The Regional Infrastructure Fund is open to applications from today, but is mostly focused on loans and equity investments rather than grants. The minister behind it says its focus on resilience is aimed at climate adaptation, not mitigation – and until the rest of the world cuts emissions New Zealand’s ability to do so is “somewhere near zero”. The $1.2 billion fund was promised in National’s agreement with New Zealand First and revealed in the Budget in May, with $200m already set aside for flood infrastructure. From today, groups with infrastructure projects that improve regions’ ability to handle shocks, or su

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