October 2024
Publication: Journal of New Zealand Grasslands
Author(s): Sandra Velarde-Pajares, Kyle Wills, Istvan Hajdu, Trent Tipene, Electra Kalaugher
We found that the agroforestry systems designed have positive net present value, internal rate of return, and a positive post carbon income annual cashflow. We have demonstrated that agroforestry is potentially economically viable in Canterbury. Agroforestry systems can be designed to align with the New Zealand Emissions Trading Scheme (NZ ETS) and in turn this would provide financial incentives for establishing trees on dryland corners.
The quantified economic outcomes and the identified unquantified benefits warrant further research into integrating agroforestry into dairy and other farming systems around New Zealand.