Carbon FarmingBack to Services
Carbon farming presents a new world of commercial opportunity.
The Emissions Reduction Fund, introduced by the Australian Government in 2015, offers incentives to farmers and businesses to increase the storage of carbon within their soil and vegetation and/or decrease their carbon dioxide emissions. This is achieved through carbon farming (carbon sequestration projects), which allows participants to earn credits for storage or avoidance that can be on-sold to the Commonwealth, state governments, or private businesses.
Cowell Clarke provides expert assistance to clients seeking to enter this space or those already engaged within it. We help participants capture the commercial opportunities while dealing with the complex regulatory obligations and administrative requirements. Our team advises on matters including the structure of an appropriate business model, contractual arrangements, proving an ‘eligible interest’, obtaining a carbon abatement contract, and ongoing compliance and reporting.