Last Friday was a cracker of a day as I joined my colleague Cr Thomas Nash and a Jobs for Nature crew to kick off the planting of seedlings for GWRC's latest restoration venture.
Last year Wellington Regional Council created a new and innovative funding pool called our Low Carbon Acceleration Fund (LCAF).
The LCAF is a unique scheme that does not rely on public funds from rates. To fund it, GWRC borrows against carbon credits it already owns from planting work done decades ago, now worth an estimated $12.2 million and growing.
This year the planting begins. Kāpiti Coast's very own fabulous public park has been an inaugural and significant recipient of the funding.
At QEP, $1.4m will go towards restoring 128.5 hectares of peatland and duneland — the largest restoration project of its kind in Aotearoa.