NZ's One Billion Trees Fund launched
Friday 7 Dec 2018
Led by Te Uru Rākau – Forestry New Zealand, the Fund provides NZ$118 million for simple and accessible grants to landowners and organisations looking to plant trees. It also provides NZ$120 million for partnership projects that aim to reduce the barriers to tree planting through innovation, research and sector development initiatives.
“The One Billion Trees Programme sets an ambitious target, but brings with it the huge opportunity to revitalise our regions and create real economic, social and environmental benefits across the country. It will also support Māori to realise the potential of their land,” Shane Jones said.
“The Government is committed to achieving these benefits for New Zealanders who have already shown an impressive amount of interest and goodwill in the programme. This year we exceeded the planting goal, with over 60 million trees planted.
“Officials will monitor the rollout of the new grant scheme to ensure our focus remains on putting the right tree in the right place for the right purpose,” Shane Jones said.
It brings the total for the One Billion Trees Programme, funded from the Provincial Growth Fund, to NZ$480 million, with other initiatives including joint ventures between landowners and Crown Forestry to plant commercial forestry, and the community planting programme Matariki Tu Rākau.
Applications to the new Fund are now open through Te Uru Rākau and can be submitted all year round. Further coverage can be found here. Full details on the new scheme along with eligibility criteria can be found on the Te Uru Rākau or Forestry New Zealand website.
Source: NZ Government
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