Anderson Lloyd acts in 90-year forestry partnership

The partnership will see native trees planted across timber plantations in Gisborne

Anderson Lloyd acts in 90-year forestry partnership

Anderson Lloyd has assisted Aratu Forests, a forestry estate in Gisborne, negotiate a 90-year partnership with an organisation that will plant native trees on otherwise unusable marginal land across 33,000 hectares of timber plantations.

In a statement, the firm said the partnership will benefit the entire Gisborne community as the trees will obstruct offcuts from being washed downstream and escalating into flood damage.

Dan Williams, partner at Anderson Lloyd, said that sustainability and biodiversity have become attractive selling points for investors and lenders.

“Ten to 15 years ago, our client may have just left the unusable forestry land,” said Williams. “But now, we can help our clients realise value that’s more than just economic. There is a lot of value in engaging in practices promoting activities that will have positive environmental, social and ecological benefits to the area in which they’re operating.”

Williams also noted a growing interest in tree regeneration projects—a non-traditional livelihood that uses carbon credits to offset some costs.

According to Williams, this is because regulations in New Zealand have allowed farmers to easily initiate carbon projects on marginal land now that carbon units are almost twice the price compared to a few years ago.

“Anderson Lloyd has a strong background in leveraging new regulations to make non-traditional projects possible, and our new multidisciplinary team demonstrates our commitment to supporting our clients to make the most of all the new opportunities available,” Williams said.

Recent articles & video

Auckland lawyer for child joins Wellington District Court bench

Bell Gully practice head transitions to Clifton Chambers

Fifth annual Rising Stars open for nominations

International Bar Association publishes Legal Agenda identifying profession's most pressing concerns

Game company takes Netflix to California court for game dev contract cancellation

Rights protection from AI is ‘a global problem affecting a global industry’

Most Read Articles

How will generative AI change the legal industry?

Port Nicholson Chambers welcomes former Russell McVeagh partner

Anderson Lloyd: 'We should do the right thing because it is the right thing to do'

Patent attorney returns to James & Wells as partner