Rockville Project
The Forest
Rockville is a permanent exotic hardwood forest. This forest consists of 4.2 ha of, Acacia melanoxylon, Eucalyptus nitens and Eucalyptus regnans.
The land was previously mixed quality sheep paddocks.
The People
The landowner is Nancy-Jean Bell.
The Location
The Rockville project is located top of the South Island of New Zealand, Golden Bay.
Technical Stuff
The Rockville Project is being undertaken under the Permanent Forest Category of the New Zealand Emissions Trading Scheme. The project issues New Zealand Units (NZUs) based on New Zealand Government rules for carbon sequestration rates by exotic hardwoods.
Once the NZUs are sold to a carbon offset buyer, they are cancelled in the New Zealand Emissions Trading Registry so they cannot be used by (or sold to) anyone else.
Rockville Project
Project Name
4.2 ha
Project Area
Nancy-Jean Bell
Project Owner
Landowner
Project Developer
Rockville, Golden Bay, Tasman District, New Zealand
Project Location
Continuation of pastorlaism (sheep grazing)
Baseline Scenario
Permanent forest protection
Project Scenario
Afforestation/reforestation (A/R): Enhanced natural regeneration
Activity Type
Carbon sequestration; biodiversity conservation; water quality protection; climate resilience
Project Benefits
Information to come
Trees Planted
316 tCO2e
Carbon Credits Issued
New Zealand Emissions Trading Scheme - Permanent Forest Category
Carbon Credit Standard
Ministry for Primary Industries
Verifier
Carbon Credit Registry
Sold out, available soon
Carbon Credit Status
Follow The Money
Conservation costs money. The main cost elements are:
Establishing a forest. This forest was established by plantation.
Conservation management costs. This includes pest and weed control, forest monitoring, and the administration of the carbon project (carbon returns, registry account management and general administration).
Opportunity costs. This is the revenue that the landowner has given up to enable forest conservation to happen. In this project the landowner gave up revenue from pastoral farming - revenue that would normally be used to make a living off the land.
Carbon credit revenue goes to cover these costs.