The New Zealand government has a launched a consultation on a national biodiversity credit system to help protect important habitats and species by providing financial incentives to manage land in a way that benefits both wildlife and local communities. Associate Minister for the Environment James Shaw said: “It’s time we make it simpler and more cost-effective for landowners and tangata whenua to support conservation on their land. Threats to our native species include habitat loss, exotic pests, splintered conservation protection efforts, and a changing climate. We know biodiversity credit systems are being developed overseas, but it’s important we find a path that is right for Aotearoa New Zealand.” The government’s discussion document seeks feedback on how such a system should be set up, and what role the government should have in it. The consultation on the credits system will be open until 3 November – after national elections in New Zealand in October, so it would be up to the next government to respond.
A huge announcement today that has been 30 years in the making.
A clear set of rules that councils and communities will need to follow so native wildlife regenerate and flourish.
This is the first time our native plants and animals have had this level of protection.
— James Shaw (@jamespeshaw) July 6, 2023