Update – 23 October 2024
Have your say on resetting the ETS annual charge for post-1989 forestry participants
We want your feedback on 2 proposals relating to cost recovery settings for forestry in the ETS. We anticipate that changes would be made by early 2025. The consultation closes at 5pm on 13 November 2024.
Read more about the consultation and have your say
Update – 14 October 2024
Independent review of forestry ETS operational costs
The Minister of Forestry requested an independent review into the operational costs of the forestry ETS run by Te Uru Rākau – New Zealand Forest Service. The review focused on whether the current operation of forestry ETS services:
- meets the needs of participants
- is fit-for-purpose, scalable, and has the ability to adapt to future change
- is on track to achieve the intended benefits of the ETS transformation programme, and
- is being run in a cost effective way, given it is a bespoke service.
Read the review report:
Review of forestry ETS operational costs – Grant Thornton (7 June 2024) [PDF, 1.8 MB]
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
- 23 October 2024
Have your say and attend webinars on resetting the Emissions Trading Scheme annual charge for post-1989 forestry participants - 15 October 2024
Change in process for incomplete applications to register land in the ETS, using planting documents as evidence for planting young saplings, Maximising Forest Carbon web page - 17 September 2024
Upcoming Tupu-ake outages, latest Tupu-ake release, new reports in Tupu-ake, IRD consultating on an interpretation statement on tax and the Forestry ETS - 2 August 2024
Registering new plantings, EPA to publish section 89/89A emissions reporting, common errors in applications, how to find your GST receipts in Tupu-ake - 20 June 2024
Provisional emissions returns; near 1990 imagery; forestry ETS forum