The lease rates are paid on a sliding scale up to the maximum rate from year 6 onwards. This reflects the growth rate of the tree and amount of carbon they produce in the early years. Other determinants are the species, region, length of the lease term, and the size of property.
The NZ FOREST LEASING – Carbon Lease Program is a way for forest and land owners, to share in the benefits of the Emissions Trading Scheme (ETS) without the downside. This means no change in the day to day operations or harvesting plan, and an annual fixed revenue stream so you know exactly what you are earning from your property every year for the term of the lease.
We take on all the liability to repay the carbon credits at the end of your lease term. To manage that liability, we buy established forests and plant new forests. We have a forest planting program underway which has seen us plant large scale forests since 2012.