Template-Type: ReDIF-Paper 1.0 Author-Name: Sandra Cortés Acosta Author-X-Name-First: Sandra Author-X-Name-Last: Cortés Acosta Author-Email: sandra.cortesacosta@motu.org.nz Author-Workplace-Name: Motu Economic and Public Policy Research Author-Name: Arthur Grimes Author-X-Name-First: Arthur Author-X-Name-Last: Grimes Author-Email: Arthur.grimes@motu.org.nz Author-Workplace-Name: Motu Economic and Public Policy Research Author-Name: Catherine Leining Author-X-Name-First: Catherine Author-X-Name-Last: Leining Author-Email: catherine.leining@motu.org.nz Author-Workplace-Name: Motu Economic and Public Policy Research Title: Decision trees: Forestry in the New Zealand Emissions Trading Scheme post-2020. Abstract: In June 2020, the New Zealand Government passed the Climate Change Response (Emissions Trading Reform) Amendment Act 2020 (ETR Act) to reform the architecture of the New Zealand Emissions Trading Scheme (NZ ETS). As a result of the ETR Act, from 1 January 2023, post-1989 forest land will be classified either as standard post-1989 forest (stock change), standard post-1989 forest (averaging) or permanent post-1989 forest. This paper collates information for obtaining New Zealand Units from these three forestry activities via the NZ ETS and summarises the most recent decisions regarding forestry-related accounting methods and operational changes to the NZ ETS. Length: 25 pages Creation-Date: 2020-10 File-URL: https://motu-www.motu.org.nz/wpapers/20_11.pdf Number: 20_11 Classification-JEL: H23, Q54 Keywords: Forestry, emissions trading scheme, climate change, environment, New Zealand, indigenous forest, exotic forest Handle: RePEc:mtu:wpaper:20_11