Articles tagged with Forestry Sector
New Zealand Forestry Benefits from Lower ETS Costs and Smarter Regulations
1 month ago | 352 viewsNew 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.
Tags: Todd McClay New Zealand forestry sector Emissions Trading Scheme National Environmental Standards legal harvest assurance forestry regulation environmental obligations NZ GovernmentNZ Pine: New Zealand’s Trusted Brand for Sustainable Premium Timber Exports
1 month ago | 349 viewsThe Government and forestry sector are partnering to create the ‘NZ Pine’ brand, establishing New Zealand as a premium, trusted supplier of sustainably sourced radiata pine wood products. This brand, backed by a government-administered standard, will provide transparency and assurance about product origin and environmental responsibility, enhancing global market confidence. Launching in early 2027, NZ Pine aims to strengthen export earnings and support New Zealand’s goal of doubling export value within ten years.
Tags: NZ Pine New Zealand Todd McClay Forestry Minister Ministry for Primary Industries forestry sector wood processing radiata pine sustainable forestry export earningsGovernment Backs NZ Forestry Innovation with $8M Mass Timber Project Boost
1 month ago | 371 viewsThe New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.
Tags: Todd McClay New Zealand Government forestry sector Agriculture Minister VoMo Limited Red Stag Investments mass timber modules sustainable productivity regulatory reformForestry ETS Costs Slashed to $10.25/Ha, Boosting NZ Forest Owners
6 months ago | 1019 viewsForestry Minister Todd McClay announced a reduction in the Emissions Trading Scheme annual charge for forest owners from $14.90 to $10.25 per hectare, marking a 66% decrease since the National-led Government took office. The changes, resulting from a second operational cost review, also include updated service fees and new targeted fees to better reflect actual administration costs while maintaining service quality. Consultation on these proposals, which aim to support the forestry sector’s role in emissions targets, opens now with updated settings expected to take effect by mid-2026.
Tags: Todd McClay Forestry Minister Emissions Trading Scheme ETS Registry forest owners Labour Government cost reduction New Zealand forestry sector