Gold Standard GS3039 Forestry Carbon Offset in Australia

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Project Description

GS ID: 3039

REGION: Australia

Gold Standard Certified Project

Gold Standard Certified Project

PROJECT DEVELOPER

Carbon Neutral

METHODOLOGY

Afforestation/Reforestation GHG Emissions Reduction & Sequestration Methodology

CREDITING PERIOD

Jun 11, 2015 ― Jun 11, 2058

STANDARDS VERSION

Gold Standard for the Global Goals

ANNUAL ESTIMATED CREDITS

25,151

PROJECT SCALE

Large Scale

PROJECT TYPE

A/R

DESCRIPTION

The Yarra Yarra Biodiversity Corridor is a native reforestation project located in Southwest Australia – a global biodiversity hotspot. The project is established on degraded, semi-arid agricultural land that no longer supports viable farming practices. It removes carbon from the atmosphere and recreates a healthy and functioning landscape, restored after decades of habitat loss and soil degradation. Planting native tree and shrub species indigenous to the region provides essential habitat and connectivity for birds and animals to transition through the landscape. The project also delivers measurable environmental, social, economic and heritage benefits to the community, including local Indigenous inclusion and employment and support of over 80 local businesses. The reforestation is protected for 100 years by Carbon Right and Carbon Covenants registered on land titles. (Previously named “Auscarbon Biodiversity Project”)

Agriculture Forestry and Other Land Use (AFOLU)

SITUATION

These types of projects combine both reforestation and afforestation activities with biodiversity protection and ecosystem regeneration, ultimately transforming lands into close-to-nature forests that sequester large amounts of carbon. Forests also offer a natural habitat for native wildlife, enrich the soil, save and filter water and help mitigate the greenhouse effect by acting as a carbon sink.

SOLUTION

Climate Reforestation projects can lack investment due to marginal, hard-to-reach locations. The project can boost local small economies by creating local employment during both the construction and operational phases, stimulating climate skills technology in developing countries

IMPACT

Projects aim to generate a range of significant environmental and socio-economic benefits. By mixing afforestation and reforestation activities, these projects conserve remaining forests and promotes ecosystem interconnectivity by establishing ecological corridors. This improves biodiversity, and protects natural resources, with trees shielding the soil from erosion to prevent flooding and optimise water quality.

OUTCOME

Income from secure job opportunities with legal protections for workers helps alleviate local poverty, with leadership and development programs also offered to employees. The project educates the community on climate change and the importance of sustainability activities.

Verification

The Gold Standard Registry issues carbon credits, each is equivalent to one tonne of CO2e. It is the central repository for all information and documentation relating to Gold Standard projects and units. The Registry also ensures the uniqueness of projects and credits in the system. Projects are subject to a rigorous verification process where transparency underpins the positive outcomes of the carbon projects it certifies.

To see the Gold Standard Website click here:

https://registry.goldstandard.org/projects/details/524
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