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Reforest & Restore Aotearoa Ltd (RRA) aims to create a robust investment platform that attracts investment from socially responsible organisations and individuals into long term large scale indigenous reforestation projects. These projects not only generate profits but also provide investors with the opportunity to offset their carbon emissions through sustained carbon sequestration, thereby contributing to the fight against climate change.
Project Mission
Context & Overview
The Climate Change Commission has suggested that if we in Aotearoa are to achieve our 2050 carbon sequestration goals, we will need to plant an extra 300,000 ha of indigenous forest. The Ministry for Primary Industries (MPI) projects that between 0.97 and 1.44 million ha of additional afforestation out to 2050 is needed to meet New Zealands climate change targets.
Given the results of the 2020 and 2022 Native Nursery surveys we do not currently have the capacity or infrastructure to meet this demand.
For New Zealand to come anywhere near these targets we will need to significantly increase plant production capacity, focus enthusiasm, funding, policy inclination and of course planting.
RRA’s Vision
RRA and NZ Governments realisation is that if we (Aotearoa) are to come anywhere near meeting our looming carbon sequestration targets by 2050 we will need to immediately undertake planting projects at significant scale. This is a legal requirement under the NZ Governments Climate Change Response Act 2002.
From that realisation RRA hatched the idea of creating large scale planting projects on private land holdings (or Govt land) using a “plant propagation and planting ecosystem model” that aims to establish and roll out significant planting projects over a reasonably short term.
RRA will deliver tangible, practical, realistic, specific reforest projects that supplement current climate change initiatives while offering private investors the opportunity to meet their environmental, social and governance (ESG) obligations, at the same time as returning a profit.
This active climate mitigation project offers packaged investments in land, ecology, environmental improvement, cropable native timbers, tourism and carbon credits.
Climate Change Response Act 2002