CMS retires Gold Standard VERs to New Zealand Post to offset customer to customer sending associated with carbon-neutral person to person sending in FY22 as part of a three year contract to supply voluntary carbon credits
In March 2021 CMS participated in the first NZ NZU auction, where the NZ Government released 4.75 units for sale. The auction was a success with strong uptake and all units were sold at clearing price of NZ$36/unit. There were 40 bidders of which 30, including CMS,...
CMS is pleased to announce that it has recently located to new offices at 169 The Terrace, Wellington, New Zealand. We look forward to meeting you there (after the quarantine) and discussing new business with you.
CMS has received the fourth and almost final payout in the Craigmore Forestry sale of assets following on from our November 2011 investment in the Craigmore Forestry Fund. One more small final payment is expected in 2019.
Carbon Market Solutions assertion is that New Zealand will not meet its commitments under the Paris Accord using forestry alone. Gross emissions in New Zealand are dominated by agricultural and energy. CMS believes there is excessive emphasis on forestry as the main policy tool to fulfil New Zealand’s obligations under the Paris Accord. Additional initiatives must be considered.
Carbon Market Solutions invests in New Sun Solar, a start up that will in future invest in solar energy technologies in New Zealand and also countries in the Pacific Region.
CMS receives the third payment from the Craigmore Forestry Fund. As the forestry fund moves into winding up mode, one more is expected at the end of 2018 and possibly a final payment in 2019.
CMS receives the second payout from the Craigmore Forestry Fund which we invested in back in November 2011
In November 2011, CMS invested in the $28 million dollar Craigmore Forestry Carbon Fund. The first tranche received represents 40% of the original CMS investment and was paid out in November 2015.
Given the government call for submissions on post-2020 targets and the need for the government to access international carbon markets long term, CMS provided a submission calling on the government to allow access to international carbon markets beyond 2020 when...
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