Carbon risk management strategies for forest owners in New Zealand
Authors: Zoe Harkin; Mairead Hayter
Download the full report in PDF format [PDF 318KB]
Executive summary
URS Forestry has been engaged by The New Zealand Ministry of Agriculture and Forestry (MAF) to prepare a report discussing the major risks for forest owners participating in the New Zealand Emissions Trading Scheme (ETS). The report is intended to inform post-1989, exotic forest owners in their decision as to whether to opt in to the ETS; and to provide guidance on potential risks and risk management strategies for both pre-1990 and post-1989 forest owners that are required to, or are voluntarily participating in the ETS.
The report includes the following elements:
- establishment of a risk assessment framework;
- literature review of documentation related to previously implemented forest carbon projects and emissions, in relation to risks associated with forest carbon projects;
- identification of key risks for forest owners participating in the New Zealand ETS; and
- discussion of potential risk management strategies that could be adopted by New Zealand forest owners, to help manage risks associated with participation in the scheme.
A summary of key risks and potential possible ETS risk management strategies for New Zealand forest owners is summarised in Table ES-1.
Contact for Enquiries
Sustainable Land Management and Climate Change
MAF
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: 0800 CLIMATE (254 628)
Contact this person
