The Department of Natural Resources and Environment Tasmania (NRE Tas) is providing a fantastic opportunity for Tasmanian farmers and foresters to explore carbon farming without it being costly. With this rebate, you can receive $1 for every $1 spent on eligible advice, up to a maximum of $10,000 per landholder. This initiative will continue… Continue reading The Tasmanian Government is Offering a Rebate on Carbon Farming Advice
Additionality is a legislative requirement that ensures a project is only rewarded for emission reductions ‘additional’ to the business-as-usual, and would not have occurred in the absence of the Australian Carbon Credit Unit (ACCU) Scheme.
What is the permanence obligation? A permanence obligation is a condition placed on a ACCU Scheme project proponent, whereby they must maintain the carbon stocks in their project for the duration of their permanence period. Each project must commit to a permanence period at registration of the project. Permanence periods can be either 25 or… Continue reading Permanence Obligations in Carbon Projects
We recently reported that the Reforestation by Environmental and Mallee Plantings (FullCAM) method is due to ‘sunset’, or expire, on the first of October this year. This means that projects can no longer be registered against the method from that date. The sunset has two main impacts: For projects under development but not yet… Continue reading Varying Environmental Planting Project Start Dates
The Federal Budget for 2024-25 announced yesterday presents a mixed bag for the environment and climate. Here’s our quick summary of some of the highlights and lowlights: The Land Sector $519 million over eight years from the Future Drought Fund will help farmers and rural communities manage climate change impacts and prepare for… Continue reading CFF’s Thoughts on the Federal Budget
A quick update on some upcoming changes to the ACCU Scheme methods. The Reforestation by Environmental and Mallee Plantings (FullCAM) method is due to sunset on the first of October this year. This means that projects can no longer be registered against the method from that date. Given that the Clean Energy Regulator requires up… Continue reading Update on Environmental Planting and IFLM Methods
CFF welcomes SBTi’s endorsement of carbon credits for tackling value chain emissions. The Science Based Targets Initiative (SBTi) has this week issued a statement announcing that, following extensive evidence-gathering and consultation, they will be extending the use of high-quality carbon credits for scope 3 emission abatement. This represents a significant step towards increasing the pace of… Continue reading CFF Welcomes SBTi’s Carbon Credit Endorsement
New legislation has been tabled in Parliament to introduce climate-related financial disclosure requirements for large entities. The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 introduces mandatory disclosure requirements for large entities who must submit an annual ‘sustainability report’, outlining their emissions and addressing their climate-related risks and opportunities. If passed,… Continue reading Climate Disclosures Coming Soon?
In its first year, the Victorian Government’s Bushbank program has secured almost 3,000 hectares of private land for habitat restoration! The program, delivered by Cassinia Environmental in partnership with the Carbon Farming Foundation, provides a unique opportunity for private landowners to play a meaningful role in addressing climate change and supporting wildlife, leaving a legacy for generations to… Continue reading Bushbank Program Delivering for Landholders
The carbon market has been in the news recently, with prominent scientists scrutinising the effectiveness of one of the Australian Carbon Credit Unit (ACCU) Scheme’s methods – Human Induced Regeneration or ‘HIR’. The team at CFF welcomes this independent analysis of the integrity of the method, which expired in October 2023 but continues to issue credits… Continue reading CFF Welcomes Carbon Scrutiny
