Carbon credit deal to provide windfall for Māori landowners

Friday 21 Mar 2025

 
An isolated Māori Land Trust in the central North Island has sealed a groundbreaking carbon credit deal, securing millions for its 4000 owners and tens of thousands of beneficiaries.

The innovative leasing deal creates new income streams and unlocks multi-million-dollar earnings.

Ngāporo Waimarino Forest Trust, based in the Ruapehu district, has struck a 10-year carbon credit leasing arrangement with forestry developer Tāmata Hauhā. The deal leases secured carbon credits from just under half of the Trust’s forests in the Waimarino, Raetihi and Manganui-o-te-Ao area to Tāmata Hauhā, which then on-sells the credits through the Emissions Trading Scheme.

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Source & image credit: Local Democracy Reporting via 1news


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