Expressions of Interest close 12 noon (AWST) Friday 20 August 2021 for Future Carbon and ACCU Plus A vegetation projects.
Expressions of Interest close 12 noon (AWST) Friday 1 October 2021 for ACCU Plus A and B soil carbon projects.
The Carbon Farming and Land Restoration Program (CF-LRP) has two streams:
1. ACCU Plus offers up-front funding for new Emissions Reduction Fund (ERF) carbon farming projects that deliver one or more priority co-benefits in return for an agreed number of Australian Carbon Credit Units (ACCUs).
- ACCU Plus A - ERF soil and vegetation projects
- ACCU Plus B - ERF soil projects located on a property with an average annual rainfall below 350 mm (May – October, 2000-2020). See ACCU Plus B - Eligible Areas map.
2. Future Carbon provides grants to establish innovative carbon sequestration pilot projects, activities and trials to support the adoption of sustainable agricultural practices. Future Carbon will support projects with university or similar institutional support that have the potential to develop new or amended ERF carbon sequestration methods, and those that enhance the understanding of farming activities that sequester carbon. The sharing of project data and information gained from these projects will contribute to a more climate resilient farming industry.
Successful projects in both streams will facilitate knowledge sharing and capacity building.
Projects funded through the CF-LRP will implement activities that also deliver additional, positive outcomes, referred to as ‘co-benefits’. These co-benefits can increase the perceived and actual value of carbon sequestration activities. The CF-LRP priority co-benefits are:
- Biodiversity and conservation
- Agricultural productivity
- Salinity mitigation
- Soil health
- Aboriginal economic and cultural opportunities
The Priority Investment Co-benefits Standard outlines how the proponent should determine which co-benefits their project will deliver, and how these co-benefits will be measured, monitored and reported on at the agreed milestones.
CF-LRP Co-benefits Information Portal
The Co-benefits Information Portal is an interactive GIS mapping tool developed to identify potential co-benefits. You should use the portal in conjunction with other information and on-ground evidence to identify and validate the project's co-benefits. A Portal User Guide is provided.
Projects funded by the CF-LRP must be new (i.e. not commenced) and additional (i.e. would not have occurred without CF-LRP financial support).
Eligible businesses and entities include:
- Commercial farm property owners
- Not-for-Profit entities undertaking a project under commercial arrangements with the owner/s of a farm property or properties; and
- Carbon farming developers undertaking a project under commercial arrangements with the owner/s of a farm property or properties.
Refer to the Program Guidelines for further detail on eligibility requirements.
Visit the Expressions of Interest webpage to find out more.
The Resources for Proponents webpage can provide support when preparing to submit an Expression of Interest in current or future funding rounds.
To register your interest and receive email updates subscribe using this link.
For more information, email the Low Carbon Futures team at email@example.com