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Maori landowners have a new tool that can be used to compare the potential benefits of different land uses from an economic and social perspective.
The Social Return on Investment evaluation tool was developed by the southern Hawkes Bay Aohanga Incorporation and AgResearch with funding from the Ministry for Primary Industries Sustainable Farming Fund’s 2012 Maori Agribusiness round.
Ministry deputy director general Ben Dalton says with multiple shareholders, it can be difficult to achieve consensus on the best options for Maori land.
This tool integrates social, environmental and cultural values into the decision making process, helping governance entities to make better decisions and communicate them better to shareholders.
Incorporation chair and project manager Mavis Mullins says it’s an attempt to tackle the hard task of getting a common measure so the stewards of the land can say hand on heart that competing imperatives have been quantified and assessed.
Applications for the 2015 Sustainable Farming Fund close on the 10 October 2014: http://www.mpi.govt.nz/agriculture/funding-programmes/sustainable-farming-fund.aspx
New tool: http://www.mpi.govt.nz/environment-natural-resources/funding-programmes/sustainable-farming-fund/sff-maori-agribusiness-projects-2012
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