The Emissions Reduction Assurance Committee is seeking stakeholder submissions on a proposed new methodology under the Emissions Reduction Fund: Carbon Credits (Carbon Farming Initiative – Tidal Restoration of Blue Carbon Ecosystems) Methodology Determination 2021.
The 2021 blue carbon method is the first method for blue carbon projects under the Emissions Reduction Fund. The new method will enable projects that introduce tidal flow to allow the establishment of coastal wetland ecosystems, including supratidal forests, mangroves, saltmarshes and seagrass, through the removal or modification of a tidal restriction mechanism.
A blue carbon project achieves carbon abatement by increasing the carbon stored in soil and vegetation, and by avoiding emissions from soils as they are rewetted, or from freshwater wetlands being returned to saline wetlands. The reduction and avoidance in emissions earns Australian carbon credit units.
The consultation documents are available on the
Department of Industry, Science, Energy and Resources' (DISER) consultation hub.
You can upload your submissions to
DISER’s consultation hub. The consultation period is open now and will close on Wednesday 10 November 2021 (11:59 pm AEDT).
DISER’s Consultation Hub or
Blue carbon for more information.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.