The role of the Reforest Trust in planting unstable hill country

Levack, Hamish
August 2008
New Zealand Tree Grower;Aug2008, Vol. 29 Issue 3, p39
The article offers information on the Reforest Trust, which has been set up in New Zealand to fund and plant protection forests to mitigate the damage from storms. The Trust, which finances its work by the forward sale of carbon credits that the forests make, can operate using either the permanent forest sink initiative or the proposed Emissions Trading Scheme. Carbon credits are sold by the Trust to investors or emitters, who will buy them with a single payment at a fixed price. Each investor will be given a contract that commits the Trust to make and produce the promised carbon credits by a specific date.


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