Forest and Forest Land Valuation: How to Value Forests and Forest Land to Include Carbon Costs and Benefits
Resource information
Date of publication
March 2015
Resource Language
ISBN / Resource ID
OSF_preprint:4603B-443-CDE
New Zealand has introduced legislation to implement the world's first 'all sectors all gases' emissions trading scheme (ETS) as a way of reducing the country's greenhouse gas emissions. The Scheme is to retrospectively introduce a price for carbon emissions in forestry from 1 January 2008 and will phase in other sectors over time (notably agriculture from 2013). This report develops a methodology for valuing the impact of this change on forest and forest land value.