New Zealand Forestry Benefits from Lower ETS Costs and Smarter Regulations

New Zealand’s Government is implementing sensible regulatory reforms to support the forestry sector in meeting environmental obligations while reducing compliance costs, including lowering Emissions Trading Scheme (ETS) charges by 66% since taking office. Updates to the National Environmental Standards for Commercial Forestry and a simplified, voluntary legal harvest assurance system aim to cut red tape, ensure fair and efficient processes, and better target environmental risks. These changes, effective from July 2026, are designed to enhance the sector's economic contribution, competitiveness, and alignment of costs with services used.