Pamu plans native forest conversion for nature credits
Updated
Updated · Reuters · May 11
Pamu plans native forest conversion for nature credits
9 articles · Updated · Reuters · May 11
The New Zealand state-owned farmer will restore 600 hectares with non-profit True Nature after Wellington backed a new accreditation pathway for voluntary nature and carbon markets.
The scheme targets marginal, erosion-prone and riparian land across Pamu's 365,000-hectare network, with grouped projects intended to cut costs and sell credits to domestic and international buyers.
The move seeks to make native reforestation financially viable in a system that has favoured faster-growing pine forests, while funding ecosystem restoration and greenhouse-gas removal.
With past carbon markets plagued by fraud, can New Zealand's 'nature credits' truly deliver on their environmental promises?
Is converting farmland to forests for carbon credits a sustainable future for farmers, or a threat to New Zealand's food production?
Pāmu’s 600-Hectare Native Forest Conversion: Pioneering High-Integrity Nature Credits in New Zealand’s Emerging Market
Overview
Pāmu is leading a major shift in New Zealand’s land management by converting 600 hectares of its farmland into native forest, a move that marks a pivotal moment for sustainability in the country. By generating high-quality nature credits through this project, Pāmu is positioning itself at the forefront of New Zealand’s emerging nature credits market. The initiative is strengthened by a partnership with True Nature and aligns with the government’s new voluntary market framework, ensuring robust standards and credibility. By focusing on marginal or vulnerable land, Pāmu demonstrates how ecological restoration and innovative land use can create both environmental and economic value.