Govt launches consultation on biodiversity credits

Govt launches consultation on biodiversity credits

Source Node: 2756711
IMAGE: Auckland Botanic Gardens

The government has launched consultation on a national biodiversity credit system, which it says could address “the gap” between exotic and native forests under the emissions trading scheme.

Under the current ETS, there are stronger financial incentives for fast-growing exotic planting, such as pinus radiata, than for indigenous forests.

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