NZ Eyes National Biodiversity Credit System 

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.

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