NZ’s ‘light-touch’ approach to voluntary carbon and nature markets may unlock finance but risks credibility

By Jennifer Campion, Senior Lecturer in Law, University of Waikato

The government’s recent announcement of support for voluntary carbon and nature markets effectively offers a “warrant of fitness” to signal which markets can be trusted, without directly regulating them.

The aim is straightforward. By giving investors, landowners and developers confidence, the government hopes to unlock private finance for projects that reduce emissions or restore ecosystems.

As Associate Minister for the Environment Andrew…

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