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.
MAHI is a digital token that funds work for nature. Each one costs $26, an hour of work at the NZ living wage. You can buy MAHI as an investment, use it to target funding or donate MAHI to recieve a tax credit. Learn more
Approximately 80% of MAHI funding in this pilot directly funds frontline action at Kōtare Station.
Approximately 20% funds pilot management and testing by the East Coast Exchange to ensure this is a replicable model for other farms around the country.
You can see a detailed cost breakdown in each project summary. Just click on a project here.
Why is the difference between funding, donating and investing in MAHI?
All types of MAHI fund action for nature and help grow the Toha Network.
If you invest in MAHI:
You will receive a Time Value of Action multiplier based on the date you invested
In the future, you can swap your MAHI for TOHA network tokens at this multiplier rate
You can use your TOHA to buy claims and access outcomes data or trade it on the secondary market
Holding TOHA also gives you governance rights in the Network
If you fund MAHI:
You can target your funding by action type, outcomes, location, land use or within your supply chain
You will receive an action report of what your MAHI has funded
If you donate to MAHI:
You will receive a charitable donation receipt
You can receive a 33.33% tax credit
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.
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
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.
Beyond the frontline action to enhance biodiversity, the purpose of this project is prove that doing this work can unlock new revenue for
sheep & beef farms
through the sale of claims.
Claims provide verifiable data about action and outcomes achieved on the land. The potential claim sales being tested in this project are:
Claims templates are developed by scientists and experts. The funds to develop these templates are being raised as part of a seperate MAHI sale.
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