Following a series of workshops on the opportunities, risks and benefits of land blocks carbon farming natives on the East Coast, Hikurangi Enterprises is supporting landowners to establish carbon deals with major emitters. Hikurangi Enterprises is also investigating the establishment of a carbon farming cooperative for landowners.
Government planting subsidies including the Erosion Control Funding Programme (ECFP) and Afforestation Grants Scheme (AGS) can be accessed much more easily if the eligibility, funding rates, application process are shared within a collective of land-blocks. Likewise carbon credits can be more attractive to buyers when sold in large volumes and overheads drastically reduced when landowners work together as a single entity rather than individual blocks having to manage their own trading.
East Coast Case Study: Nuihiti Q & Gull Oil – Hikurangi Enterprises is developing educational resources for landowners based on the carbon farming agreement for Gull Oil (NZ) to purchase 12,000 units of Nuhiti Q Incorporation’s carbon credits totalling just over $220,000, which will be put towards fencing repairs and Mānuka tree planting.
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