Indicators of Regional and National Economies

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Regional and national economies

Find out the Canterbury Water targets for the regional and national economies.

	From 2010	By 2015	By 2020	By 2040
PRODUCTION / ECONOMIC CONTRIBUTION	No decline in the contribution water makes to Canterbury economy as measured through value added economic impact. Any assessments of regional economic value factor in externalities (e.g. water quality treatment costs, climate change emissions, changed recreational values) as well as the cost of environmental repair and restoration.	Increase the value and emplyment added per unit of water.	Increased production through the direct application of water to agriculture contributes an additional $400 million per annum value added to the Canterbury economy. This is an indicative target and will be revised as the regional infrastructure plan is evaluated, designed and costed. Measures in place to assess the economic wealth benefits of freshwater biodiversity (and other ecosystem services) and recreational use of water.	Increased agricultural production through the direct application of water contributes an additional $1.7 billion per annum value added to the Canterbury economy. This is an indicative target and will be revised as the regional infrastructure plan is evaluated, designed and costed. Recognised and reported on the employment benefits (direct and indirect) resulting from the Strategy. Increased Canterbury’s contribution to national GDP from 15% to 20%, of which 2% is attributable to increased production and better water management. A demonstrable increase in economic wealth due to biodiversity protection and improvement, and increased recreational use of water resulting from implementation of the CWMS.