Wenita Predator Free Dunedin

About

In 2021, Wenita Forest Products, which is owned by ANZFF2 and several New Forests managed co-investors, announced a NZD 1 million dollar partnership with Predator Free Dunedin to protect native biodiversity and enhance communities in Dunedin, New Zealand. Wenita is the largest producer of timber in Otago New Zealand. It has a three-decade track record of supplying forest products to local and international markets from its 30,000 hectares of sustainably-managed forest.

Introduced mammalian predators such as rats, possums and stoats are a major problem for New Zealand’s native biodiversity. These species have pushed New Zealand’s native wildlife to the brink of extinction — killing millions of native birds, lizards and insects every year.

Key Initiative

In a partnership over four years, Wenita has committed NZD 1 million of funding to establish a network of mustelid traps through its own forestry estate in Otago, New Zealand and on nearby public land. Trapping in these areas will protect threatened wildlife and ecosystems including the fernbird/mātātā and unique flightless alpine insects — some of which are found nowhere else in the world. More traps will see treasured birds like kākā, robin and the New Zealand falcon flourish.

Impact

The project will substantially reduce predator impacts on indigenous wildlife and ecosystems increasing native species diversity and numbers. It will generate regional employment as part of the trapping activities and is an important part of expanding Predator Free Dunedin’s activities regionally.

Delivering on Sustainable Development Goals

New Forests Advisory Pty Limited (ACN 114 545 274) is registered with the Australian Securities and Investments Commission and is the holder of AFSL No 301556 which authorises it and its authorised representatives New Forests Asset Management Pty Limited (ACN 114 545 283), (AFS Representative Number 376306), and New Agriculture Pty Limited (ACN 658 097 020) (AFS Representative Number 001298119) to provide general advice to wholesale clients into investments managed by New Forests. New Forests Inc is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Registration with the SEC does not imply any specific or certain level of skill or training. New Forests Asia (Singapore) Pte Ltd holds a Capital Markets Services Licence (CMS 100950) as an Accredited/Institutional Licenced Fund Management Company (A/I LFMC), issued by the Monetary Authority of Singapore.

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