New Zealand Emissions Trading Scheme reforms announced

The Government and farming sector leaders have agreed to a world-first partnership to reduce primary sector emissions in one of the most significant developments on climate action in New Zealand's history.

Farming leaders and the Government have announced a plan to join forces to develop practical and cost-effective ways to measure and price emissions at the farm level by 2025 so that 100 per cent of New Zealand's emissions will be on the path downwards.

The 5-year joint action plan includes:

• Improved tools for estimating and benchmarking emissions on farms
• Integrated farm plans that include a climate module
• Investment in research, development and commercialisation
• Increased farm advisory capacity and capability
• Incentives for early adopters
• Recognition of on-farm mitigation such as small plantings, riparian areas and natural cover

Read more on proposed improvements to the New Zealand Emissions Trading Scheme

See more on Action on agricultural emissions