Welcome to the NZEUR
Changes to post-1989 forestry surrender obligations
From 16 May 2014, post-1989 foresters making an application to deregister or remove forested land from the ETS will be required to surrender New Zealand Units (NZUs) to meet their obligations. This change does not affect foresters who made an application to the Ministry for Primary Industries (MPI) on or before 15 May 2014, or post-1989 and pre-1990 foresters surrendering units for emissions from deforestation or harvesting. These participants can still use Kyoto units to meet their obligation.
New secure text message service
The New Zealand Emission Unit Register (NZEUR) is introducing a new text message service for receiving transaction authorisation codes, for your increased security.
It will mean that transaction authorisation codes, which primary representative approvers currently receive via email, will be sent directly to their mobile phones. More information can be found here (Factsheet - receive TACs more securely via SMS, PDF version, 227 KB).
Primary representatives with an approver role are strongly encouraged to switch to the text message service. To switch to this enhanced service please email a request to email@example.com.
If you have any queries regarding this new functionality, please contact 0800 CLIMATE (0800 254 628 option 2).
New NZU information
The Environmental Protection Authority has made changes to the NZEUR so that account holders will now have access to greater information on the origin of NZUs. Account holders will now be able to see the original reason an NZU was transferred from the Crown through the new Unit Purpose column.
There will be seven unit categories that provide information on the activity that generated the units. More information can be found here (NZU information changes factsheet, PDF version, 248 KB).
A summary of the feedback to the original proposal can be found here (Proposed changes to NZUs - feedback, PDF version, 458 KB).
Access to Kyoto markets and domestic regulations for carry-over
In December 2013 the New Zealand Government announced changes to the New Zealand Emissions Trading Scheme (ETS) that will impact the types of emission units available for use by participants. These decisions can broadly be categorised as changes in access to the Kyoto markets and the introduction of domestic regulations in preparation for “carry-over”. The details of these changes, and the implications they have for New Zealand Emission Unit Register (NZEUR) account holders and ETS participants are detailed here (NZEUR account holders access to Kyoto units, pdf version, 150 KB).
This information remains current as of March 2014.
List of CER and ERU projects restricted from surrender
The list of projects generating Certified Emission Reduction units (CERs) and Emission Reduction Units (ERUs) which are restricted from surrender to the NZ ETS has been updated.
These restrictions pertain to CERs and ERUs generated by large-scale hydropower projects and by industrial gas destruction projects. More information about CERs and ERUs can be found in the "How to: guides and help" section of the NZEUR. An updated list of the banned projects, current as of 20 March 2014, can be found here (List of CERs and ERUs that have been restricted, excel version, 199 KB).
Affected units brought into the NZEUR after the restrictions came into effect will not be eligible for surrender to meet an obligation with the NZ ETS.
We ask our registered users to:
- keep your user name and password secure; and
- keep your antivirus software and definitions up-to-date and to run regular checks (scans) of your computer; and
- be vigilant around phishing attacks and email hoaxes which are aimed at extracting user names and passwords.
Any user of the NZEUR who receives a suspicious email or is concerned about any suspicious activity regarding their account(s) should phone 0800 387 4688 or for international callers +64 4 918 3502.
New Zealand Emission Unit Register (NZEUR)
The NZEUR has been implemented in order to meet New Zealand's commitment and obligations under the Kyoto Protocol and to support the New Zealand Emissions Trading Scheme (NZ ETS), established by the Climate Change Response Act 2002 (CCRA).
Both the Kyoto Protocol and the CCRA require New Zealand to operate an electronic, internet-based national registry system. The NZEUR website provides access to this online registry, where people can join the NZEUR and then open accounts to either participate in the NZ ETS or to trade units.
Find out more about the Emissions Trading Scheme >>
(at the Ministry for the Environment's Climate Change website)