Carbon + Biodiversity Pilot – round 2
The Carbon + Biodiversity Pilot is a key part of the Australian Government’s $66.1 million Agriculture Biodiversity Stewardship Package and will reward farmers for the stewardship of their land, storing carbon and improving Australia’s biodiversity.
NRM South is the local NRM partner helping the government to implement the pilot in our region, helping to ensure it works for our landholders.
Who is eligible?
To be eligible, applicants must meet the following criteria;
- Your property must be in the NRM South region.
- Your property must be predominantly used for agricultural purposes.
- You must be willing and able to undertake a new Emissions Reduction Fund (ERF) environmental plantings project.
- You must be an individual or body corporate who owns, leases or has exclusive native title rights over the land on which the project will be undertaken.
- You must meet the participant obligations under the ERF as outlined on the Clean Energy Regulator’s website.
- You must not have begun the project.
- You must provide a commitment to act with the utmost good faith in your engagements with the program.
BACKGROUND
This round of the pilot builds on the success and learnings of round 1 to further test market arrangements to reward farmers for their biodiversity stewardship in 6 new regions. The first round showed that there is a real opportunity – farmers are keen to sell, and there are willing buyers.
Farmers who plant native trees and shrubs, in line with a biodiversity protocol developed by the Australian National University, can receive payments for biodiversity in addition to any earnings from selling the carbon credits.
We are the local NRM partner helping the government to implement the pilot in our region, helping to ensure it works for our landholders. Get in touch with us for information on 0447 266 527.
Applications are now closed.
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