Devine Agribusiness Carbon
Devine Agribusiness Carbon believes that regrowth management, reforestation and avoided deforestation offer nationally significant emission reduction opportunities, with strong collateral benefits to biodiversity conservation and sustainable resource management.
Devine Agribusiness Carbon operates carbon projects in Australia in conjunction with BioCarbon and landholder participants. They have a number of registered projects in Queensland that use the
native forest from managed regrowth Emissions Reduction Fund method where they are the scheme participant and have agreements with landholders for the legal right to run the projects.
A native forest from managed regrowth project allows native vegetation to grow and become forest by stopping activities that suppress or destroy regeneration of native vegetation. These activities must be replaced with new management practices that allow native trees to regenerate and become forest. In doing so, the project helps to reduce the amount of greenhouse gas entering the atmosphere because carbon is stored, or sequestered, in the trees as they grow.
At the second auction Divine Agribusiness Carbon successfully contracted 17 projects in Queensland, with a total abatement potential of 3.7 million tonnes.