Sovereign Biodiversity Fund and Predator Free 2050 Investment — Green Party
The Policy: Green Party Biodiversity and Environmental Regeneration Policy →
TL;DR
- The Green Party wants to set up a dedicated Sovereign Biodiversity Fund to pay for protecting and restoring nature across New Zealand, and to greatly increase funding for the Predator Free 2050 project (which aims to wipe out introduced pests like rats and stoats that kill native wildlife).
- The Greens say the amount of the fund isn't fixed yet — the policy is deliberately not costed in public documents.
- They point to a crisis: more than 4,000 native plants and animals are threatened or at risk, and over 50 bird species have been lost since people arrived. The Greens argue government money, not market schemes, is the main way to fix this.
- Other parts include doubling the size of natural wetlands by 2050, using all the money from the tourist conservation levy (the IVL) only for conservation, and giving legal protection to native fish, plants, insects and fungi that currently have none.
- The current National-led government has taken a different path, cutting the Department of Conservation budget by about $300 million over two budgets and closing Predator Free 2050 Ltd in Budget 2025. It says this cuts duplication and saves about $12 million a year.
- The Greens have strongly criticised these cuts, calling a $30 million announcement in early 2025 "a mere drop in the bucket," while conservation groups like WWF said closing the predator company hurt momentum.
More detail
Predator Free 2050 Ltd was a government-owned company set up in 2016 (by then-Prime Minister Sir John Key) to drive large-scale pest control and fund new science. It had grown to cover more than 800,000 hectares and support 15 to 20 research projects. Its work has now been shifted into the Department of Conservation, with its funding ending by the close of 2025. A key thing to watch is whether that move leaves community trapping groups and researchers with less support.
The two sides disagree on the basic approach. The government favours things like a voluntary "biodiversity credit" scheme, where the aim is to encourage private funding for nature. The Greens argue voluntary, market-based credits don't work without firm rules behind them, and call them "a bandaid on a gaping wound." They say only direct public funding — for landowners and for DOC — will actually stop native species disappearing. Because the Green fund is not yet given a dollar figure, one thing to watch is whether they attach a specific number before the election.
Full Detail if you want to know more
Biodiversity and Conservation Funding — Green Party's Sovereign Biodiversity Fund and Predator Free 2050 Commitment
The Policy: Green Party Biodiversity and Environmental Regeneration Policy →
The Green Party of Aotearoa New Zealand proposes establishing a dedicated Sovereign Biodiversity Fund to resource regenerative conservation efforts across the country, and commits to significantly increasing funding for the Predator Free 2050 initiative. The party frames New Zealand's biodiversity crisis as an urgent emergency: more than 4,000 native plants and animals are threatened or at risk, and over 50 bird species have been lost since human arrival. The Greens argue that state investment — not market mechanisms — is the primary tool needed to reverse this trajectory.
The current National-led coalition government takes a sharply different view, reducing the Department of Conservation (DOC) budget by approximately $300 million across two budget cycles and disestablishing Predator Free 2050 Ltd in Budget 2025. The government argues that consolidating functions within DOC reduces duplication and increases efficiency, while saving approximately $12 million annually.
What it does:
- Establishes a Sovereign Biodiversity Fund (exact dollar amount unspecified in policy documents) to underwrite conservation and ecosystem regeneration across public and private land
- Commits to significantly increasing resourcing for bodies that eradicate and control invasive species, with Predator Free 2050 identified as a priority
- Doubles the extent of natural wetlands by 2050
- Ringfences all proceeds from the International Visitor Conservation and Tourism Levy (IVL) for conservation and biodiversity projects
- Expands legal protections to cover indigenous fish, plants, invertebrates, and fungi — species currently without statutory safeguards
- Reviews and continues Jobs for Nature (Mahi mō te Taiao), the community- and iwi-led conservation employment programme
Where things stand:
In opposition since the October 2023 election, the Green Party has been a consistent critic of what it describes as the coalition government's "war on nature." Green Conservation spokesperson Marama Davidson called the government's February 2025 announcement of $30 million over three years for biodiversity and tourism "an embarrassment" and "a mere drop in the bucket," noting DOC's own officials had warned of a $25 million annual shortfall just to maintain existing assets. The previous Labour-Green government had overseen what the Greens described as "the largest funding injection for conservation in over a decade," including $76 million for DOC in 2019 and $81 million for predator suppression and biodiversity protection.
The single most contested cut came in Budget 2025, when the government announced the disestablishment of Predator Free 2050 Ltd — the Crown-owned company established in 2016 by Sir John Key to drive large-scale pest eradication and fund breakthrough science. The company had grown to cover more than 800,000 hectares and support 15–20 active scientific research projects. Its responsibilities and remaining contracts were transferred to DOC, with funding ending by the close of 2025. Conservation groups including WWF New Zealand described the move as a blow to momentum and innovation.
In June 2025, Green agriculture spokesperson Steve Abel criticised the government's newly announced voluntary biodiversity credit scheme as "a bandaid on a gaping wound," citing the compounding effect of cuts to the Predator Free programme, natural area identification, Jobs for Nature, freshwater protections, and wetland rules. The Greens argue market-based credits are ineffective without regulatory mandates, and that direct public investment in landowner support and DOC resourcing remains the only viable path to halting species loss.
What to watch:
- Whether the transfer of Predator Free 2050 Ltd functions to DOC results in reduced operational capacity for community trapping groups and research contracts currently reliant on the company's strategic support
- The government's biodiversity credit scheme rollout and whether voluntary uptake is sufficient to offset the loss of direct public funding for threatened-species work
- Any pre-election Budget commitments from the Green Party that put a specific dollar figure on the Sovereign Biodiversity Fund — the current policy is intentionally uncosted in publicly available documents
- Progress on the National Policy Statement for Indigenous Biodiversity and whether it is strengthened, weakened, or left unchanged by the current government
This overview is summarised by AI from public sources. It may contain errors and is a guide, not the definitive record — we welcome corrections.
Where our research raises a question the policy doesn't answer, we put it to you — these are our questions, not government policy. Your vote stays anonymous even when you sign up (we use sign-up only to send you more things to vote on that you care about), and we report aggregated results only — the country's sentiment, never how any individual voted.
Key milestones
Labour-Green government injects $76m into DOC
Conservation Minister Eugenie Sage announced $76 million over four years for the Department of Conservation, targeting work on 70% of 850 priority ecosystem sites and increasing active management of freshwater catchments from 2.5% to 9.5%. The Greens hailed this as the largest conservation funding boost in over a decade.
$1.7m for new Predator Free 2050 pest control tools
Minister Eugenie Sage and Under Secretary Fletcher Tabuteau announced $1.7 million from the Provincial Growth Fund via Predator Free 2050 Ltd for a second tranche of innovative pest control tools, including AI-enabled trap cameras, a norbormide rat toxin, and an open-source automated lure system designed for production within three years.
Green Party slams $30m biodiversity spend as inadequate
Green Conservation spokesperson Marama Davidson called the National-led government's announcement of $30 million over three years for biodiversity and tourism an "embarrassment," noting DOC had already faced a $31 million annual budget cut and that officials had warned of a $25 million annual shortfall just to maintain existing assets.
Predator Free 2050 Ltd disestablished in Budget 2025
The National-led government announced the disestablishment of Predator Free 2050 Ltd, the Crown-owned company covering more than 800,000 hectares of pest-eradication projects. Funding ceased by end of 2025, with responsibilities transferred to DOC. The move saved approximately $12 million annually; total DOC savings across two budgets reached roughly $300 million.
Green Party rejects biodiversity credits as greenwashing
Green agriculture spokesperson Steve Abel described the government's new voluntary biodiversity credit scheme as "a bandaid on a gaping wound," warning that corporate-driven credits function as greenwashing without regulatory mandates, and calling for direct public investment in landowner support and DOC resourcing instead.
Sources
- Green Party — Biodiversity and Environmental Regeneration Policy ↗
- Green Party — Conservation and Biodiversity 2023 election commitments ↗
- RNZ — A bold dream gets a cut as Predator Free 2050 Ltd is disestablished ↗
- DOC — Budget 2025 overview ↗
- Green Party — Govt funding for biodiversity an embarrassment (February 2025) ↗
- Green Party of Aotearoa New Zealand ↗
- Green Party of Aotearoa New Zealand ↗
- Green Party of Aotearoa New Zealand ↗
