Carbon Projects and Project Types
Note: grovia currently only supports land assessments for Environmental Planting (EP) carbon projects.
A carbon project enables a landholder to generate carbon credits and income for every tonne of carbon dioxide equivalent (tCO₂e) emissions the project stores sequesters (stores) in trees and soils or is abated (avoided) by the carbon emissions avoided such as reduction in savanna burning.
A carbon project type is determined by an underlying methodology. A methodology determination (method) is a set of requirements and rules for running a project under the Australian Carbon Credit Unit (ACCU) Scheme.
There are various methods under the ACCU Scheme. Vegetation-method projects remove carbon dioxide from the atmosphere and store it as carbon in vegetation via photosynthesis.
- An environmental planting carbon project involves establishment and maintenance a permanent forest of native and local tree, shrub and ground cover species on land that has been cleared for at least 5 years which is a minimum of 0.2 hectare, at least 2 metres in height with a crown cover of greater than 20%. Read more about EP projects.
- Plantation forests are stands of trees created by the regular placement of seedlings or seeds, and involves establishing, expanding or continuing a plantation for wood products and carbon sequestration for either 25 or 100 years.
- A human-induced restoration project introduces new land management practices to regenerate native forests that had previously been cleared for agriculture. These practices help native forests regrow where they were previously suppressed by grazing or clearing.
- A soil carbon farming project involves storing carbon by increasing the amount of organic matter in the soil as a direct result of changes in property management such as grazing and pasture management.