Success for groundbreaking carbon farming deal in outback WA

Image credit: Forever Wild and Tobias Visuals

Corporate Carbon’s exciting announcement that 28,586 premium ACCUs have been issued to the Forever Wild Group-owned Narndee & Boodanoo project, where our team provides technical and reforestation support, has received widespread attention in the media.

The article ‘Carbon project developer, non-profit create tokenised “co-benefit unit” to be attached to ACCU issuance’ by Mark Tilly who is the senior correspondent for global news site, Carbon Pulse, details the independently verified co-benefit units attached to the project’s latest round of ACCUs issued.

“The co-benefit are unitised on a blockchain registry, where buyers, project developers and beneficiaries all have visibility on the direct costs of the management interventions that achieve additional environmental outcomes,” Tilly notes.

By stapling the co-benefit units provided by Australian company BeImpact to the ACCUs developed by the project, Corporate Carbon is able to offer premium, high integrity carbon credits to market.

For The Land and Queensland Country Life, national rural property writer, Chris McLennan covered the story. In the article titled ‘The many players behind a pioneering carbon farming deal’, McLennan delved into the project’s background noting, “it was one of the first known private carbon credit pre-payment deals in Australia” and its future: “… more carbon credits are expected to flow to the scheme from protecting the Mallee Fowl.”

To discuss how Corporate Carbon can assist you, contact Marc Train (Group Commercial and Growth Officer) or Angus Robertson (Head of Carbon Trading).