Updates
29 February 2024
Forestry ETS service delivery costs review
The cost of operating the forestry component of the Emissions Trading Scheme is to be independently reviewed. The review will take up to 6 weeks starting in March.
Government announces independent review of forestry ETS costs – Beehive
Terms of reference [PDF, 161 KB]
19 October 2023
Annual charge calculation and increase in service fees
The annual charge for post-1989 forest land registered in the ETS is now in effect. The amount you are charged will be calculated based on the number of hectares registered to your account on 19 October 2023. We will notify you in November when your annual charge invoice is available through Tupu-ake.
From 19 October 2023, the fees charged for some ETS services increased.
Read more about the annual charge and service fees
4 October 2023
All cabinet papers and minutes considered by Cabinet in relation to Tranche 2 of the Cost Recovery, Climate Change (Forestry) Amendment Regulations 18 September 2023, are now available online.
Refer to the Forestry ETS Alert (4 October 2023) for details
Cabinet papers and related documents
21 September 2023: Changes to the fee structure for forestry in the ETS
On 18 September, changes were made to the cost recovery settings in the forestry component of the Emissions Trading Scheme. These changes mean that prices for ETS participation will increase from 19 October 2023.
The changes are:
- a new annual charge of $30.25 per hectare of registered post-1989 forest land
- new fees on 22 existing and new services.
Refer to the Forestry ETS Alert (21 September 2023) for details
Keep informed with the Forestry ETS Alert
Keep informed about forestry in the Emissions Trading Scheme by subscribing to the Forestry ETS Alert. This email newsletter replaced the Sustainable Forestry Bulletin.
Subscribe to the Forestry ETS Alert
Previous newsletters
For earlier editions, email etschanges@mpi.govt.nz
- 7 March 2024
Tupe-ake will be unavailable from today till March 11 as new functionality is added. - 28 February 2024
Temporary outage of Tupu-ake while new functionality is added. - 21 February 2024
Options under the ETS if your forest is damaged in a wildfire or other natural or accidental events. - 16 January 2024
Tupu-ake functionality for provisional emissions returns. Registration for January webinar sessions about provisional emissions returns. - 18 December 2023
Key information on Provisional Emissions Returns (PER) and impact of severe weather events on emissions returns. From 1 January 2024 participants can submit a post-1989 forest land PER for 2023; registration open for webinar sessions in January about PER. - 8 November 2023
The severe weather emergency response extensions end on 20 November 2023. If you intend to use Tupu-ake to do your final emissions return calculations (for post-1989 forest land in the ETS) then your deadline is 13 November 2023. Any outstanding final emission returns for the 2018-2022 mandatory reporting period must be submitted no later than 20 November 2023.