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New Zealand is currently in discussions with a number of countries about potential cooperation opportunities.
Environmental integrity principles and rules are also being developed for any international emission reductions that may help New Zealand meet its 2030 target.
If you own or have rights to forest land, you may be able to earn carbon credits through the ETS. MPI administers the ETS for forestry, along with the Ministry for the Environment (Mf E) and the Environmental Protection Authority (EPA).
Watch a video about the ETS on You Tube Forest owners and landowners participate in the ETS in 2 ways: Forest species in the ETS are those that can reach at least 5 metres in height at maturity.
It also helps New Zealand to meet our obligations under the UN Framework Convention on Climate Change – also known as the Kyoto Protocol.
The end of the Kyoto true-up period on 18 November 2015 was the deadline for emission retirement.The proposals are to: Biological Emissions Reference Group Bringing together a wide range of industry stakeholders to collaborate with Government, this group works to build a solid evidence base about biological emissions.It helps ensure New Zealand has the best possible information on what can be done now by the sector to reduce biological greenhouse gas emissions, and the costs/opportunities of doing so.The Emissions Trading Scheme, or ETS, is New Zealand's primary response to global climate change.The purpose of the ETS is to support and encourage global efforts to reduce greenhouse gas.