Twelve years ago, New Zealand Carbon Farming was just a concept.
Now, it is one of the country’s biggest landowners, and its business model – planting permanent forest – is looking more prescient by the day.
The company was founded in 2010. By late 2019, a Radio NZ investigation looking for the country’s biggest land owners concluded it was New Zealand’s ninth largest landholder, with 28,365 hectares.
If the same survey was taken today, the company would have vaulted up the ranks.
It now owns close to 46,000 ha, and manages another 44,000 ha on behalf of farmers and other landowners, giving it control of some 90,000 ha. If nothing else had changed since 2019, its land holdings would place it fifth on RNZ’s list, excluding land it manages for others.
SOURCE: STUFF