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New Zealand invested $200M in flood resilience, protecting 30K homes and 350K hectares, with $97M targeting vulnerable South Island regions.
New Zealand has committed nearly $200 million since August 2024 through its Regional Infrastructure Fund to support 74 flood resilience projects, including 32 new initiatives focused on protecting 30,000 homes and 350,000 hectares of land.
The latest $97 million investment, with 60% government-funded, targets vulnerable regions, especially the South Island, where 22 projects are located.
Early works have already reduced flood damage, with a $4 million investment in Taradale reportedly preventing over $7 billion in losses during Cyclone Gabrielle.
The funding supports infrastructure, early warning systems, and nature-based solutions, emphasizing long-term collaboration between national and local governments to enhance climate resilience and economic stability.
Nueva Zelanda invirtió $ 200M en resiliencia a las inundaciones, protegiendo 30K hogares y 350K hectáreas, con $ 97M dirigidos a regiones vulnerables de la Isla Sur.