Articles tagged with Carbon Removal
New Zealand Launches Guidance to Boost Trust in Voluntary Nature and Carbon Markets
1 hour ago | 45 viewsClimate Change Minister Simon Watts has introduced refreshed guidance and tools to help New Zealanders confidently participate in voluntary nature and carbon markets, ensuring projects deliver genuine environmental benefits. The guidance emphasizes high-quality carbon activities that are additional, durable, real, measurable, transparent, and respectful of rights, aiming to build trust and prevent greenwashing. Additionally, online resources support businesses in exploring scientifically robust carbon removal options, facilitating the growth of credible projects and attracting investment.
Tags: Simon Watts Climate Change New Zealand carbon markets biodiversity greenwashing voluntary markets carbon removal environmental claimsNew Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements
6 months ago | 541 viewsClimate Change Minister Simon Watts introduced a new Assessment Framework for Carbon Removals in New Zealand, aiming to recognize and reward non-forestry carbon removals and support landholders and businesses. The framework aligns with the Government's commitment to climate action that stimulates the economy and promotes emissions reductions, fulfilling an election promise to explore biodiversity credits for initiatives like creating wetlands. Changes to the Climate Change Response Act will streamline processes, improve the NZ ETS, expand opportunities for carbon removal recognition, and reduce compliance costs for stakeholders, with an amendment bill planned for next year.
Tags: Climate Change Minister Simon Watts Assessment Framework Carbon Removals New Zealand Emissions Reduction Plan Biodiversity credits Forestry Climate Change Response Act NZ ETS