Te Arawa & Sealord partner in $10m carbon offsets

Saturday 9 Sep 2023

Sealord is investing NZ$10 million over the next ten years in a carbon offset programme that will see underutilised Te Arawa whenua around the wider Rotorua region developed into permanent forest.

The programme, developed by Te Arawa Fisheries and New Zealand Carbon Farming (NZCF), will help offset some of the carbon resulting from Sealord’s operations, maximise the potential of marginal land, create jobs and improve whānau outcomes, and help improve the local environment, including water quality in and around Te Arawa lakes.

Called Ara Rākau, Te Arawa Fisheries CEO Chris Karamea Insley says the initiative is a solid example of the opportunities the carbon economy offers Māori, while highlighting the role Aotearoa New Zealand’s leading companies can take in supporting the country’s climate commitments.

“The Emissions Trading Scheme represents a NZ$16 billion economic opportunity for Māori – one which will be transformative for generations as poor quality land can be used to generate better economic, cultural, social and environmental outcomes – not just for Māori, but for entire communities.

“This is a New Zealand-leading climate change partnership kaupapa, based on te ao Māori principles. In this case, Sealord will improve their carbon footprint, improved financial returns will be driven for hapu, new jobs will be created, and we can make a real difference when it comes to water quality in our lakes. It’s a genuine win-win-win,” says Mr Insley.

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