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.

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from NZ Lawyer.

Recent articles & video

Rose Alchin & Associates founder: 'Nobody wants to be the test case for a challenging issue'

Law Society names National New Lawyers Group members

Juno Legal makes Deloitte list in law firm first

CFI star at Skadden jumps to King & Spalding Singapore

Russell McVeagh helps blockchain company make history with NZX listing

Tompkins Wake partners with Board Dynamics as governance expertise demand rises

Most Read Articles

Russell McVeagh helps blockchain company make history with NZX listing

New partner helps Anthony Harper clients navigate COVID-19 traps

Tompkins Wake partners with Board Dynamics as governance expertise demand rises

A note on digital communications and harassment