The Ambition Making environmental action on-farm profitable
The challenges
Solutions being piloted
The Pilot Site About Kōtare
Kōtare Station is a 767ha hill country farm in Matawai, Gisborne. We operate a diverse mix of farming enterprises comprising of sheep, cattle and deer. We farm a unique property that includes numerous blocks of remnant native bush, and bounds the Raukūmara National Park.
We are passionate farmers with regeneration in front of mind, as we strive to farm in a way that will enhance and allow biodiversity to thrive. We've already undertaken significant investment and environmental protection of these by measures such as fencing, planting, river stabilisation, sediment traps and stock exclusion.
We are excited to help prove that building up on-farm biodiversity, regenerating farmland and restoring waterways can be investable and profitable for farms across in New Zealand. It's crucial to the future of farming, land management and beyond.
Proving a new model Pilot projects at Kōtare
Join the MAHI revolution Why support this pilot?
Help fund the R&D that could unlock revenue for your land block
Support the development and testing of pledge and claim templates that bring new revenue to farms across NZ.
Prove a new model is possible
Help show environmental regeneration is investible and that action can be accelerated by providing new incentives. Demonstrate we can capture trusted, verifiable data about what is happening on the land at scale.
Secure TOHA network tokens
In the future you’ll be able to swap your MAHI for TOHA. Use these to buy claims and outcome data like carbon or biodiversity credits or trade them on secondary market. The earlier you buy MAHI, the more TOHA you'll recieve.
Support the pilot Invest, fund or donate MAHI
MAHI is a tradeable unit that funds work for nature. Each one costs $26, an hour of work at the NZ living wage. Learn more
Unlocking new revenue Claim templates & sales being piloted
- Zero Deforestation
- Native Biodiversity Enhancement
- Conversion to Natural Habitat
- Native Carbon Sequestration
- Increased Native Forest Cover
- Wetland Carbon Sequestration
- Freshwater Species Protection
- Waterway Sediment Control
- Predator-Free Zone
- Flood Mitigation
- Soil Erosion Reduction
- Ecosourced Native Seedling Supply
Fund action to
regenerate the whenua
Funding breakdown What will my MAHI purchase fund?
Project costs | 5 Year Budget* |
---|---|
Project #1: Biodiversity Enhancement | $111,000 |
Project #2 : Natural Habitat Regeneration | $123,000 |
Project #3: Wetland Restoration | $125,000 |
Project #4: Erodible Slope Stabilisation | $240,000 |
Project #5: Native Nursery Establishment | $458,000 |
Total | $1,057,000 |
* These costs exclude pledge & claim development |
Development costs | 5 Year Budget |
---|---|
Expert developers | $800,000 |
Data & design support from Toha Climate Lab | $498,000 |
Development tools & support from Toha Technology | $200,000 |
Monitoring tools & equipment | $76,000 |
Total costs | $1,574,000 |
Pilot management costs | 5 Year Budget |
---|---|
Pilot design | $23,000 |
Communications, marketing & progress reporting | $42,000 |
MAHI sales | $32,000 |
Relationship management | $42,000 |
Market validation | $34,000 |
Product management | $43,000 |
User testing | $53,000 |
Payment management | $17,000 |
Building pipeline & onboarding next pilot sites | $22,000 |
Total | $308,000 |
See why investing early matters Calculate your future MAHI to TOHA swap
Need help Frequently Asked Questions
Based on the date you invest in MAHI you receive a Time Value of Action multiplier (TVA). The earlier you fund action, the higher the TVA.
In the future, when TOHA network tokens launch, you will be able to swap your MAHI for TOHA at this TVA multiplier. You can use this TOHA to pay for claims e.g. proof of carbon sequestration or biodiversity improvement and access the verifiable data that back this up. Alternatively, you can trade your TOHA on the secondary market to others who want to buy proof of outcomes or data access. Holding TOHA will also give you voting rights in the Network.
Buying MAHI is the only way to secure access to TOHA without bidding on the secondary market.
Currently MAHI is only available to pilot projects that are being used to test the system.
As more MAHI is purchased, the pilots will be expanded to include more farms and land blocks.
Register you interest here in taking action on your land block and joining the pilot.
Pending MAHI funding these will start being developed and tested at the pilot sites in early 2024 and will start being made available to other land blocks in 2025.
Register you interest here in taking action on your land block and joining the pilot.
How can I access the data about the biodiversity or emissions outcomes achieved from these projects?
You will be able to purchase claims from land blocks to see the data and impact achieved. These will be supported by science-backed templates developed by experts. See the list of claim templates prioritised for development here.
You will need to buy these, in future, with TOHA network tokens. You can secure access to this today by purchasing MAHI. The earlier you invest, the higher your Time Value of Action multiplier is and the more TOHA you receive.
Trusted data about what is happening in our environment is increasingly in demand.
Buyers of claims could include:
- Businesses who need to report on their Scope 3 emissions, biodiversity or water quality impacts within their supply chains
- Local and central government to measure national progress towards environmental targets like NDC1 or our biodiversity strategy and offer new incentives for achieving these outcomes
- Organisations who want to fund positive outcomes as part of their ESG strategies
- Banks and insurers who need to meet their climate-related disclosure requirements, offer impact-linked finance products or understand the risks and mitigation efforts of properties and businesses on their books