"This will reduce the need to use 1080 to maintain predator-free status in these areas."
According to the Department of Conservation (DOC), 1080 is the only method of pest control that can be deployed rapidly to manage a pest boom over vast or rugged terrain.
The poison is cost-effective and presents very little risk to the environment, DOC's website said.
Despite this, opposition groups say 1080 is cruel – animal rights group SAFE said it causes a slow and painful death to the pests it targets.
Jones said the funding would bring tens of thousands of hectares of rural and forested land under predator control, create regional jobs and stimulate demand for education at regional training institutes.
In fact, he said some of the innovations made possible by the funding could even be picked up internationally.
"It would move us on from what I'm finding an incredibly tiresome debate about 1080."
Sage said the funding would help further protect New Zealand's natural assets, and support regional growth.
From here, Predator Free 2050 would seek expressions of interest from predator-eradication projects from local authorities and community-backed entities in the PGF "surge regions" – regions that face high unemployment, low wages and low productivity when compared to the rest of the country.
These regions are Northland, Bay of Plenty, East Cape, Hawke's Bay, Manawatū-Whanganui and the West Coast.