The sixth Emissions Reduction Fund in December 2017 has contracted its first project under the new plantations forestry method.
The Evercreech Plantation Forestry is based in Tasmania—a state renowned for sustainable timber production. It is expected to cover around 630 hectares located in the Tyne Valley region in the north-east of the state.
Beginning in mid-2018, the project is set to deliver 68 959 tonnes of carbon abatement through carbon sequestration—converting the existing short-rotation plantation forest to a long-rotation plantation forest to commercially harvest wood products.
The plantation forestry method generally works by establishing a new plantation forest on land that has had no plantation forest for seven years, or converting a short-rotation plantation to a long-rotation.
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