MAHI SALE #2 Kickstart payments for services to nature on farms

Listed by
Pilot site
Kōtare Station Matawai, Tairāwhiti, NZ
Led by
Henry & Sofie
Sale target
MAHI $ in funding

The Ambition Making environmental action on-farm profitable

The challenges

Access to export markets are under pressure as scrutiny of farm emissions and biodiversity impacts increase
It can be hard to invest in on-farm biodiversity projects when interest rates are high and export markets are volatile
Increasing stress as climate and weather extremes cause erosion, droughts and flooding

Solutions being piloted

New revenue for farms by selling claims that prove biodiversity, emissions and water improvements
MAHI sales and lower cost finance to help incentivise and pay for action
Building more resilient farms by reducing sediment loss, managing flooding and minimising drought impacts
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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.

Logo Kōtare
Check out the work already underway

Proving a new model Pilot projects at Kōtare

Project: Wetland Restoration
Project: Biodiversity Enhancement
Project: Natural Habitat Regeneration
Project: Erodible Slope Stablisation
Project: Native Nursery Establishment
Project: Wetland Restoration
Wetland Restoration
Weed control, stock exclusion and native planting across two new 1ha ephemeral wetlands.
Project: Biodiversity Enhancement
Biodiversity Enhancement
Pest and predator control to protect and amplify the biodiversity across 201ha of retired pasture and native forest.
Project: Natural Habitat Regeneration
Natural Habitat Regeneration
Exclude stock from 48ha of retired pasture to allow for natural regeneration and monitoring.
Project: Erodible Slope Stablisation
Erodible Slope Stablisation
Native planting and fencing for stock exclusions across 8ha of severely erodible gullies.
Project: Native Nursery Establishment
Native Nursery Establishment
Ecosourcing native seeds, growing native plants and pest exclusion across 0.5ha of retired pasture.
These budgets cover the labour and materials costs of the pilot projects and the development of reusable pledge and claim templates so other land blocks can take action, collect data and unlock new revenue from their nature-positive outcomes. See the funding breakdown

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.

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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

Sales target


$ in funding required

Join the presale list

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
Expert registered
Expert registered
Expert registered
32 experts interested
Fund action to
regenerate the whenua

Funding breakdown What will my MAHI purchase fund?

36% to frontline action for nature

Directly funds the people doing the work at Kōtare Station.

See the breakdown
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
54% to impact measurement technology

Funds experts and knowledge holders to create pledge and claim templates, measurement tools and data partnerships. These can be used by other farms to regenerate their land, collect data, measure their outcomes and unlock payments.

See the breakdown
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
10% to pilot management & testing

Funds the East Coast Exchange to coordinate the pilot and manage testing with users and outcome buyers.

See the breakdown
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

Why does investing early in MAHI make it more valuable?

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.

To learn more, have play with the MAHI-to-TOHA calculator.

Can I access MAHI to fund action on my land block?

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.

When will these pledge and claim templates be available for other land blocks to start using?

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.

Who will buy access to claims and outcome data from land blocks like these?

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

Get early access to the MAHI presale

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  • Join 1,889 others helping kickstart a new system for funding regeneration at scale.
  • Target your funds by action type, outcome, land use or location.
  • Secure future TOHA network tokens and governance rights in the Network.
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