Dogwood Carbon Aggregation project

Specifications

• Client: Aggregated Private Landholders
• Scope:

  In collaboration with Corporate Carbon, Verterra approached and secured landholders across Queensland and NSW with a commitment to good land stewardship demonstrated through establishment of biodiversity plantings.  These plantings are integrated with agricultural management to deliver both productivity and environmental benefits including water quality, biodiversity and koala habitat.  Verterra is managing the technical aspects of carbon abatement estimation.  Corporate Carbon is responsible for project administration and regulatory compliance.  Verterra and Corporate Carbon will continue to work collaboratively with participating landholders over the 25 year project timeframe ending June 2026, to progressively create ACCUs and renumerate landholders.

• Challenge:

  Holistic farm planning and management includes managing land for its highest and best value, taking into account productive capacity, environmental services and co-benefits, and farm profitability.  Strategic integration of biodiversity plantings can deliver environmental benefits including surface water quality, wildlife habitat, habitat connectivity and erosion mitigation.  It can also deliver environmental services to agricultural production including windbreaks, salinity mitigation and habitat for natural predators.  Biodiversity plantings may remove land from production to deliver both private and public benefits, however, financial recognition for public benefits is seldom compensated.

• Solution:

  Verterra approached landholders with a commitment to land stewardship, demonstrated by recently established biodiversity plantings, and registered the combined aggregation as an Emissions Reduction Fund Project under the Federal Government’s Carbon Farming Initiative.  Through a rigorous methodology and process, carbon stored by these plantings is progressively registered as Australian Carbon Credit Units (ACCU’s) and sold to the Federal Government through the Emissions Reduction Fund auction process.  Proceeds from the sale of ACCU’s provide a financial benefit to the participating landholders for good land stewardship.

• Benefit to Client:

  The participating landholders receive an annual income from carbon sequestered in environmental plantings, providing a financial recognition of good land stewardship.

• Market Sector: Renewable resources - agriculture, grazing and forestry
• Capabilities:
  • Carbon bio-sequestration
  • Vegetation and biodiversity offsets
• Location: NSW Queensland
• Year: 2011 - 2036