Location: Northern Tasmania, managed by Forico.
Impact: Captures an additional 200,000 tonnes of carbon over 10 years, supporting long-term carbon storage in structural timber and creating regional jobs.
Benefits:
Recognition: Forico has earned accolades for environmental leadership and sustainability reporting, including the 'Small and Medium Enterprise Sustainable Leadership Award' at the Banksia Foundation National Sustainability Awards, and pioneering Natural Capital Reports in Australia.
The project meets the following United Nations Sustainable Development Goals:
Australian Government: Clean Energy Regulator
Australian Carbon Credit Units (ACCUs)
Carbon Credits (Carbon Farming Initiative—Plantation Forestry) Methodology Determination 2017
May 10, 2020
Forico 2020 ERF Plantation Projects (ERF157376)