2016
DOI: 10.1111/nzg.12123
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Rainforest carbon financing in New Zealand: A case study of REDD+ on Māori land

Abstract: This study examines a case study of the Rarakau Rainforest Conservation Project on Māori‐owned land in western Southland – New Zealand's first and only REDD+ project. It explores the potential for REDD+ projects on Māori land throughout the country. Key findings show that REDD+ is technically feasible in New Zealand, but commercially dependent on (currently low) demand in the domestic retail carbon offset and ‘corporate social responsibility’ market. Market research suggests that there is sufficient demand to … Show more

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Cited by 4 publications
(6 citation statements)
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“…Funk et al (2014) state that the attractiveness of carbon sequestration for landowners will likely depend on the value of carbon credits and other incentives alongside the ability to benefit from other management activities (erosion control and biodiversity restoration, and sale of mānuka honey and other native pharmaceutical derivatives). Weaver (2016) argues that it is an exceedingly difficult challenge identifying and protecting public goods (native forestry ecosystem services, contributions to domestic climate change commitments), and, furthermore, effectively compensating individual landowners for providing these public goods. Fluctuations in the carbon price and poor confidence in the NZ ETS reinforces the difficulties landowners face in making decisions regarding entering the NZ ETS (Hall, 2017;Weaver, 2016).…”
Section: Patterson (2011) Discusses the Prohibitive Transaction And Administrative Costsmentioning
confidence: 99%
See 2 more Smart Citations
“…Funk et al (2014) state that the attractiveness of carbon sequestration for landowners will likely depend on the value of carbon credits and other incentives alongside the ability to benefit from other management activities (erosion control and biodiversity restoration, and sale of mānuka honey and other native pharmaceutical derivatives). Weaver (2016) argues that it is an exceedingly difficult challenge identifying and protecting public goods (native forestry ecosystem services, contributions to domestic climate change commitments), and, furthermore, effectively compensating individual landowners for providing these public goods. Fluctuations in the carbon price and poor confidence in the NZ ETS reinforces the difficulties landowners face in making decisions regarding entering the NZ ETS (Hall, 2017;Weaver, 2016).…”
Section: Patterson (2011) Discusses the Prohibitive Transaction And Administrative Costsmentioning
confidence: 99%
“…Weaver (2016) argues that it is an exceedingly difficult challenge identifying and protecting public goods (native forestry ecosystem services, contributions to domestic climate change commitments), and, furthermore, effectively compensating individual landowners for providing these public goods. Fluctuations in the carbon price and poor confidence in the NZ ETS reinforces the difficulties landowners face in making decisions regarding entering the NZ ETS (Hall, 2017;Weaver, 2016). Economic modelling in Funk (2009) suggest that carbon farming would be the most profitable land use for 50 percent of eligible landowners in the Gisborne District if the NZU price were consistently $30 per tonne, or more.…”
Section: Patterson (2011) Discusses the Prohibitive Transaction And Administrative Costsmentioning
confidence: 99%
See 1 more Smart Citation
“…Funk et al (2014) state that the attractiveness of carbon sequestration for landowners will likely depend on the value of carbon credits and other incentives alongside the ability to benefit from other management activities (erosion control and biodiversity restoration, and sale of mānuka honey and other native pharmaceutical derivatives). Weaver (2016) argues that it is an exceedingly difficult challenge identifying and protecting public goods (native forestry ecosystem services, contributions to domestic climate change commitments), and, furthermore, effectively compensating individual landowners for providing these public goods. Fluctuations in the carbon price and poor confidence in the NZ ETS reinforces the difficulties landowners face in making decisions regarding entering the NZ ETS (Hall, 2017;Weaver, 2016).…”
Section: Patterson (2011) Discusses the Prohibitive Transaction And Administrative Costsmentioning
confidence: 99%
“…Weaver (2016) argues that it is an exceedingly difficult challenge identifying and protecting public goods (native forestry ecosystem services, contributions to domestic climate change commitments), and, furthermore, effectively compensating individual landowners for providing these public goods. Fluctuations in the carbon price and poor confidence in the NZ ETS reinforces the difficulties landowners face in making decisions regarding entering the NZ ETS (Hall, 2017;Weaver, 2016). Economic modelling in Funk (2009) suggest that carbon farming would be the most profitable land use for 50 percent of eligible landowners in the Gisborne District if the NZU price were consistently $30 per tonne, or more.…”
Section: Patterson (2011) Discusses the Prohibitive Transaction And Administrative Costsmentioning
confidence: 99%