Soil carbon farming and drought resilience
The Federal Government has funded KCLG to host a project that involves demonstrating soil carbon farming. How are we doing it:
three demonstration farms within KCLG selected
the Clean Energy Regulator approved methods involved and implemented
on-farm field days
case studies being documented
a conference on soil carbon farming
a soil carbon strategy being developed and
a final report for dissemination on what the demonstrations results are.
We are seeking expressions of interest in being a demonstration farm within KCLG’s network area, see information and link below:
Expressions of Interest - Open
Kiewa Catchment Landcare Network area landholders
Round One: Deadline 30th June 2021
Farmers Soil Carbon Project activities paid for by South Pole
Investing for the Future of our Climate – have your soil carbon project funded and brought to life by the World’s leading carbon project developer: South Pole.
South Pole has developed more than 700 carbon credit generation projects in Australia and over 40 countries worldwide.
South Pole is currently seeking Expressions of Interest (EOI) from agricultural landowners who are interested in participating in our Australian Soil Carbon Project Funding Program. An initial group of farms will be selected in Round One. Submissions made by farmers and not selected in Round One will be considered in subsequent rounds.
South Pole pays upfront for your land management activities and receives 80% of the carbon credits once they are generated. The farmer keeps all the productivity gain and receives 20% of the revenue from the credits. The program has the following key features:
South Pole will pay the landowner for all agreed costs to implement the additional farm project activities over 25 years with budgets reviewed annually, payments can include:
o Clean Energy Regulator registration, Land Management Strategy and credit issuance and sale processes
o Soil Organic Carbon baseline and sampling to 30cm and 100cm
o Grazing plan and supply of digital farm management technology
o Planting operations with multi species pasture, including the winter and summer seed mixes and other nutritional soil additives
This EOI South Pole will work collaboratively with farmers and partner organisations as their exclusive carbon project service provider. We will develop a plan and provision of full funding for all agreed land management activities in accordance with a Land Management Strategy.
Soil carbon farming projects involve biologically removing carbon from the atmosphere and storing it in soil with a permanency period commitment of 25 years. This is done by undertaking additional and eligible carbon farming activities which rejuvenate soil health to improve crop and pasture productivity, increase soil water storage, as well as sequestering soil organic carbon.
Soil carbon projects are established in accordance with the Commonwealth Government’s Carbon Credits (Carbon Farming Initiative - Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018 (Soil Carbon Method). Australian carbon credit units (carbon credits) are generated for the net soil carbon abatement achieved by these projects. One tonne of carbon removed from the atmosphere and stabilised in the soil is equivalent to one carbon credit.
South Pole will also require:
- retention of 80% of the issued carbon credits, and pay market value sales revenue from 20% of the carbon credits directly to farm landowner (s);
- commitment to a 25 year contract term with South Pole (consistent with the 25 year permanence period of the Soil Carbon Methodology Determination).
- your project meets the eligibility requirements of the CER Soil Carbon Method; and
- your project be unencumbered from contractual arrangements agreed with other carbon project development companies or the terms would need to be agreeable to South Pole.
If you are interested in being part of the agricultural industry solution to climate change and food security and think your farm business may benefit from our model, we’d love to hear from you.
All you need to do is complete the Expression of Interest Google-Form and we’ll be in touch.
Kind regards
Jeffrey Castellas
Australian Sourcing Manager - Carbon Projects
j.castellas@southpole.com
0401 067 252
