Novel financing solutions for supporting land use change.
Perrin Ag is collaborating on a project which 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 them overcome barriers to land diversification by funding land use and capital-intensive land management changes. This project investigates solutions to help make this happen.
Diverse ideas are being captured in workshops with participants from a wide range of backgrounds. These ideas will then be assessed against case studies and an evaluation criterion to identify what options could benefit from further research, development and support.
The research aims to provide a line of sight between the obstacles to land-use change and financing solutions that could overcome them. Case studies will demonstrate how financing options may be utilised, and their potential impacts. One of the case studies will consider challenges, opportunities, and potential financing solutions from the perspective of whenua Māori landowners and managers.