Tweed Landcare Carbon Training - Building knowledge, awareness and choice for local landholders.
Navigating the Nature Repair Market
Capacity building - LEP_23_036
The issue
Understanding the carbon market can be complex and uncertain. A lack of clear financial incentives, complex policies and compliance requirements can leave landholders hesitant to take the first step towards engaging in the nature repair market.
The solution
Tweed Landcare recently held an event with carbon developer 24 Degree Forest focused on bringing awareness and localised knowledge about carbon markets for landholders, rather than pressure. The event was held on a cattle property in Doon Doon, 70 kms inland from Byron Bay, which had an active Nature Repair Market project underway, managed by 24 Degree Forest. This project aims to restore 19.9 hectares of cleared land to wet sclerophyll forest and rainforest ecosystems using the Replanting native forest and woodland ecosystems method, connecting the property’s vegetation with Nightcap National Park. This event brought together landholders, local government, North Coast Local Land Services, Landcare, local reforestation team from Reforest Now and the private sector (24 Degree Forest) to share information on the realities of the engaging as a landholder with the Nature repair Market.
The impact
The event generated strong interest, with over 15 landholders attending the first training day to explore carbon sequestration, and the financial and planning realities of engaging with and navigating the emerging Nature Repair Market.
Running specialised field days like this along with online knowledge platforms like Tree Farmer, helped to connect landholders, advisors and environmental professionals to share expertise, and ultimately build more understanding of how to navigate Nature Repair Markets.
Learnings
Australian Carbon Credit Units can have the potential to be a financial mechanism to enable large scale long-term rainforest restoration when they are set at the right price.
- Minister’s media release - Second registered project in Nature Repair Market highlights opportunities for landholders | Minist…
- CER News Story - Second Nature Repair Market project registered | Clean Energy Regulator
- DCCEEW News Story - Nature Repair Market gains momentum - DCCEEW
- Biodiversity Market Register - Biodiversity project | Clean Energy Regulator
