Government Backs Growth Of Trusted Voluntary Nature And Carbon Markets

New Zealand state farming goes bush in support of nature credit market

WELLINGTON, May 11 - New Zealand state-owned farming enterprise Pamu says it plans to convert 600 hectares (1,483 acres) of farmland into native forest to generate high-quality nature credits, following a government move on Monday to support a voluntary nature credits market. Read more at straitstimes.com.

Government Backs Growth Of Trusted Voluntary Nature And Carbon Markets

"Endorsement is a quality signal, not a Crown guarantee. We'll be clear about that from day one," says Mr Hoggard.

New plans to encourage private investment in nature - Expert Reaction - Science Media Centre

Local schemes to help put private money into nature projects will soon be able to get a new endorsement to signal they meet NZ standards.  Voluntary nature and carbon market schemes measure the impact of environmental projects in “credits”, which investors can buy. The government has announced plans to grow nature and carbon markets through an “endorsement pathway” for such schemes, as well as by opening public conservation land to private envir…

Government backs growth of voluntary carbon schemes

Reading Time: 2 minutes Pāmu is investigating a native afforestation project of about 600 hectares to generate nature-based carbon credits. The government has announced it supports the principles of a voluntary system allowing landowners and managers to earn income credits off nature initiatives. Associate Environment Minister Andrew Hoggard said the government’s assurance role will give buyers and landowners confidence in what they are investin…