Programme announced for Carbon Forestry 2025Friday 2 May 2025
While continuing to address issues related to the New Zealand Emissions Trading Scheme (NZ ETS), this year’s conference will also broaden its lens to examine the growth, development, and challenges of voluntary carbon markets globally. In related news, the Climate Change Commission (CCC) has released its latest advice on ETS unit limits and price control settings for 2026–2030. According to the Climate Forestry Association (CFA), the CCC’s recommendations reflect a commitment to restoring confidence, clarity, and certainty in the ETS. The Commission reaffirmed that the ETS remains New Zealand’s primary tool for reducing domestic emissions. It noted improved, though still fragile, market confidence, stating the purpose of its advice is to support “a credible, predictable and stable market.” CFA Chief Executive Andrew Cushen says the report underscores the need to give long-term confidence to market participants. “The advice on ETS unit settings helps achieve that, with a welcome approach of fact-based analysis and carefully calibrated recommendations that will help keep our approach on track while maintaining consistency in our national approach,” says Andrew Cushen. He also welcomed the Commission’s proposed auction volumes over the next two years, “The ‘steady as she goes’ approach to auction volumes over the next two years will support confidence for market participants to act, while reducing the uncertainty the Commission identified was created by several years of policy shifts and ad-hoc interventions.” Cushen emphasised the importance of the ETS unit settings process as a technical, not political, exercise, “The ETS unit settings process is intended to be a simple series of mechanical adjustments to ensure our climate approach is on the right track – not a chance to provide political commentary or change Government policy. Likewise, the Commission’s advice is intended to be fact based, expert and aligned with the Government’s climate policy.” Register now for the Carbon Forestry Conference 2025. For the full details, the Climate Forestry Association's press release on the ETS is available further below in this newsletter.  | ||
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