The New Zealand government is establishing a framework to promote private investment in voluntary nature and carbon markets. Associate Environment Minister Andrew Hoggard stated that high-quality schemes, accredited by reputable international bodies, will be recognized. This initiative aims to expand these markets, potentially funding projects like wetland restoration. The government's endorsement does not constitute a Crown guarantee, according to Hoggard. The push for private investment aligns with efforts to address greenhouse gas emissions and support the Paris Agreement.