Planting trees under Carbon Farming Initiative
Across Australia, farmers and land managers are now able to plant permanent native forest trees under the latest Carbon Farming Initiative (CFI) methodology.
The CFI, which opened for business on 8 December 2011, enables farmers, land owners, local government and other stakeholders to reduce carbon pollution while generating extra revenue.
The Methodology for quantifying carbon sequestration by permanent environmental plantings of native species using the CFI Reforestation Modelling Tool will provide a sustainable basis for carbon farming and long-term biodiversity conservation.
Actions to reduce pollution or increase carbon storage can increase the land sector’s resilience to climate change, improve long term productivity for farming and protect the natural environment of Australia.
Under the methodology, land holders across a range of agricultural sectors will receive credits to establish and manage permanent native forests.
Land holders can then generate extra revenue by selling these credits to businesses who want to offset their carbon pollution.
In developing the last CFI, industry and the farming community were consulted and the independent Domestic Offsets Integrity Committee assessed the methodology.
Land Managers can begin planning projects based on the methodology, including planting or seeding species that are native to the local area on cleared or partially cleared land.
Further information on the CFI is available on the Department of Climate Change and Energy Efficiency’s website.