Perrin Ag has collaborated on a project that will help landowners find alternative ways to fund land use changes as they look to future proof their businesses.
New Zealand farmers are being prompted to diversify their farm systems to make sure their businesses are resilient to the changing climate and extreme weather events, to meet environmental expectations and regulations, and to diversify their income streams.
Bank funding isn’t always an option. Some landowners need new and innovative financing solutions to help fund land use and capital-intensive land management changes. This project investigated potential solutions.
The year-long study evaluated 17 different funding models to support land-use change.
Researchers ran a series of workshops with farmers, industry leaders and experts to understand the obstacles to land-use change and financing solutions that could help overcome them.
Funding models assessed by the research team ranged from traditional debt financing and private investment to creating a market for biodiversity credits.