Could biodiversity add value to New Zealand's Kyoto forest credits

Authors: F. Carswell, L. Burrows
Publication: New Zealand Journal of Forestry, Volume N.Z.J.For. 2006, Issue N.Z.J.For. 51(2) 2006, pp 31-33, Aug 2006
Publisher: New Zealand Institute of Forestry

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Abstract: New Zealand has included biodiversity measurement in its national system for monitoring carbon in forests and shrublands because of the potential for synergistic management of both carbon and biodiversity. We suggest that these measurements may be used in the future to secure added value for New Zealand’s forest sink credits if a carbon market develops that distinguishes “gold standard” credits in forestry from mere “compliant” credits. Existing plantation forests have net biodiversity benefits where they have replaced exotic pasture, as do regenerated indigenous forests. We anticipate a future where linking the production of Kyoto credits to other environmental co-benefits, such as biodiversity, erosion control, improved water quality and reduced flood risk, could leverage a better price for carbon credits, or simply improve access to international forest sink markets.

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