Huge opportunity to accelerate ecological work
The Waikato Catchment Ecological Enhancement Trust, or ‘WCEET’, is a collaboration between Mercury Power and the conservation groups that were involved in the re-consenting process for the company’s Waikato River dams. Together they manage an enhancement fund that supports efforts to environmentally compensate for the dams’ impact.
WCEET’s financial support has had a hugely positive impact on the Waikato and Lake Taupo catchments since it was established two decades ago – its funding of 300+ conservation projects has collectively enhanced 2600+ hectares of wetland and 2600+ hectares of riparian habitat, with 2.43 million natives planted and predator control applied to 7200+ hectares.
“We’ve supported some truly inspirational volunteer groups, landowners and businesses dedicated to protecting and enhancing the environment,” said Trust Chair Gwyn Verkerk.
“Without any promotion, our funding rounds are always over-subscribed. So we’ve set up the WCEET Fund with Momentum Waikato, as both a new investment income stream in its own right, and to provide an easy way for the public to donate towards the expansion and long-term sustainability of this crucial local conservation funding.”
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