The Carbon Farming Foundation is excited to announce the launch of two new services to assist landholders in measuring and reducing their environmental impact. Our new Accounting for Nature™ (AfN) and Carbon Accounting services are key steps in our mission to demystify carbon and nature markets and reward landholders for their efforts towards meeting Australia’s climate targets.
What Carbon Accounting Means for Landholders
Our new Carbon Accounting service is designed to quantify greenhouse gas emissions from farm operations, while educating landholders on potential opportunities to reduce their impact. The service provides a structured, systematic approach, giving landholders clear insights into their carbon emissions and the knowledge to continue measuring their impact in future years.
The Carbon Farming Foundation will assist you in establishing your property’s initial Carbon Account using the AIA Environmental Accounting Platform (AIA EAP), equipping you with the tools and knowledge to monitor future emissions.
Our comprehensive report will detail the types and sources of emissions on your land and suggest actionable steps to mitigate your impact. Additionally, you can opt for a Carbon Farming Feasibility Assessment to estimate the potential carbon credits your property could generate.
Helena Bowler, COO, shares the benefits Carbon Accounting could have for landholders:
- Before reducing your carbon emissions, it's important to understand your impact. Carbon Accounting calculates emissions from your land’s operations, revealing the annual carbon dioxide equivalent produced. With this data, you can make informed decisions to reduce operational and supply chain emissions, and offset remaining emissions by generating carbon credits. This is especially important for landowners aiming to market products as carbon neutral or access international markets with carbon-related regulations.
Environmental Condition Assessment with Accounting for Nature
With three accredited Accounting for Nature Experts on the team, we can now measure the environmental condition of your project before and after your carbon farming activities, to quantify improvements to the environment.
The emerging natural capital market will allow you to assign financial value to these improvements, enabling you to trade Australian Carbon Credit Units (ACCUs) with premium co-benefits.
CFF provides scoping assessments to help determine if the AfN process suits your project, including:
- Defining the purpose of your environmental account
- A materiality assessment to evaluate and prioritise the environmental assets on your property
- Defining the scope of your Environmental Account
- Choosing a method that reflects your purpose and scope
- Planning your account
- Sourcing quotes from ‘Asset Experts’
- Calculating project costs and timeframes
If you decide to register for an AfN project, we offer guidance throughout the certification and reporting process. If you’re integrating an Environmental Account with an ACCU Scheme Project to quantify co-benefits, we ensure both processes are aligned to save you time and resources.
Nicki Ledger, Project Delivery Lead, highlights the importance:
- With international nature reporting frameworks, businesses are prioritizing environmental repair. The AfN framework quantifies the condition of a project area before and after an intervention, providing credible proof of benefits beyond carbon. Developed by top Australian scientists, AfN is a transparent, evidence-based approach to valuing carbon project co-benefits. We're excited to join as Accredited Experts to help drive investment in Australia's ecosystems.
These two new offerings are closely connected. Our new Carbon Accounting service equips landholders with the essential tools to measure their current environmental impact, while AfN certification affirms the wider benefits of our carbon projects.
