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Waikato Carbon Forestry

Waikato Carbon Forestry. Initiated as Regional Carbon Strategy Developed as Waikato Carbon Forestry Principles and Framework Regional initiative to capitalise on ETS and bring about land use change for environmental benefits Means to implement are now defined.

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Waikato Carbon Forestry

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  1. Waikato Carbon Forestry

  2. Initiated as Regional Carbon Strategy Developed as Waikato Carbon Forestry Principles and Framework Regional initiative to capitalise on ETS and bring about land use change for environmental benefits Means to implement are now defined

  3. Stage 1 – identification and promotion in priority areas • Stage 2 – increased awareness across region • Stage 3 – adding value for Waikato credits • Incorporation into existing and new Council programmes • Build alliances and synergies with other agencies and commercial sector

  4. Financial Advisors Act constraint is identified Potential to bundle smaller areas is significant Good alignment with Council’s functions and vision Proactive coupling with government and other incentives provides real opportunity for integrated Waikato land use model. Stage 1 costs mostly incorporated into existing programmes.

  5. Use of WISE Model • Simulate land use change from Sheep, Beef and Deer (SBD) to “carbon forestry”. • Assumption: • Convert ~75,000ha on Class 6&7 by 2050: • Green= SBD on Class 6&7 - unchanged • Red= SBD on Class 6&7 - change from SBD to carbon farming

  6. Where does the new “Carbon Forestry” go? • Impacts on regional economy (2031): • Net employment: 267 • Added value (GRP): $39 Mill • Environmental co-benefits: • Reduced phosphate and nitrogen loads to waterways • Less runoff (flooding) • Enhanced biodiversity (SNA links) • Reduced erosion (sedimentation)

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