Afforestation Grant Scheme Guidelines
How will Funds be Allocated?
Annual funding will be divided into two pools - a Regional Council pool and a public pool. 50% of funds will be allocated to each pool.
Regional Councils will implement afforestation programmes directly (see page 11).
In the public pool, tenders will be accepted for high and low sequestration rate categories, with the maximum expenditure in each category capped at 70% and 30% respectively of the public pool funds.
If the public pool is under-subscribed, any surplus funds may be transferred to the Regional Council pool.
Funding allocation is illustrated in the following diagram:
Forests with a "high sequestration rate" are defined as those capable of achieving over any time-span, a total stem volume mean annual increment8 of at least 15 m3/ha/yr under conventional silviculture. Indicative Mean Annual Increments for a range of species are shown in Appendix 1. Forests with a low sequestration rate are forests that are not capable of achieving the above figure.
Maximum Grant Rates
Maximum grant rates will be set for each sequestration category that will reflect the rate of carbon sequestration, and the risks to the Crown of retaining carbon ownership. These will not be disclosed publicly.
8 Mean Annual Increment (MAI) is the quantity of wood at a given age divided by the age.
Contact for Enquiries
Sustainable Land Management and Climate Change
MAF
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: 0800 CLIMATE (254 628)
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