This report supports the development of the accounting framework that will be used to track progress against New Zealand’s Nationally Determined Contribution under the Paris Agreement.
Specifically, the report focuses on forests established after 31 December 1989 and describes the approach taken to determine the amount of carbon that, on average, these forests store in the long term (also known as their long-term average carbon stock) and the age at which this amount is reached. The report also explores options for how to account for these forests after they reach their long-term average carbon stock.
This report supports the development of the accounting framework that will be used to track progress against New Zealand’s Nationally Determined Contribution under the Paris Agreement.
Specifically, the report focuses on forests established after 31 December 1989 and describes the approach taken to determine the amount of carbon that, on average, these forests store in the long term (also known as their long-term average carbon stock) and the age at which this amount is reached. The report also explores options for how to account for these forests after they reach their long-term average carbon stock.