Tackling slash: a biodiversity credits scheme for Tairāwhiti?

As the government undertakes its forestry “slash” review, some are calling for the use of financial instruments to tackle the root cause and encourage more native forestry.Exotics – mainly pines – are the inadvertent winner under the emissions trading scheme (ETS), so far, but native forests both mitigate climate change and help build climate resilience. They are more effective at sediment control than the exotic forests planted for that purpose after Cyclone Bola, which were then clear-felled, resulting in the slas...