Opportunities in New Zealand

As a Kyoto Protocol signatory, the New Zealand Government has recently announced plans for an Emissions Trading Scheme to account for the emission and sequestration of six green house gases. Forestry will be the first sector to enter the scheme on 1st January 2008. The scheme will allow forests planted on Kyoto compliant land to earn carbon credits in the form of New Zealand Units (NZUs) each of which will be backed by a Kyoto Assigned Amount Unit (AAU). The NZ Government register of NZUs will facilitate the trading of carbon credits earned from such New Zealand forestry projects on international markets.

This scheme is a world first in that is has the potential to provide high-credibility carbon credits from forestry projects which could attract a premium over other carbon-forestry projects available in other parts of the world.

For more information on New Zealand's planned Emission Trading Scheme or how it relates to New Zealand forestry opportunities, please contact Peter Weblin, Marketing Manager or Theo Vos, Consulting Manager.