Section 76 of the Carbon Farming Initiative Act 2011 requires offsets reports to be submitted for periods of no less than 12 months and no more than five years.
For projects using the reforestation and afforestation methodology determinations , there is no explicit exclusion of reporting on an individual carbon estimation area or stratum, or on a selection of strata within a project, providing Section 76 is satisfied.
In practice this means that each stratum must be reported on for periods of no less than 12 months, and no more than five years.
The reforestation and afforestation methodology determinations require that all offsets reports must provide information on all strata within the project area at the end of the reporting period.
While the determination does not state that abatement must be calculated for all strata within the project area at the end of the reporting period, it does require the inclusion of net abatement for the project for the reporting period.
To satisfy this requirement, any stratum that is not measured and for which abatement is not calculated at the time of any particular offsets report would have to be identified as a stratum:
To satisfy Section 76 of the Act, each stratum would have to be measured and have abatement calculated and reported at last every five years. The requirements of the relevant determination regarding the frequency of full inventories for each stratum would also continue to apply.
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