Fysh Carbon Project at Mount Tom near Gladstone, on Gureng Gureng land, has generated 3,559 ACCUs in two years on 400 hectares, an impressive rate of sequestration per ha per year
AgriProve’s proprietary digital soil organic carbon model was used to identify the likely increase in carbon stocks which was then validated by physical soil sampling
Australian carbon soiltech developer AgriProve has 30 measured project increases in soil carbon, which will also generate ACCUs under Australia’s world leading soil carbon methodology
Admittance to Queensland Government’s Land Restoration Fund (LRF) highlight’s AgriProve’s commitment to scalability in soil carbon with regulatory integrity.
12 July 2023: Australia’s leading carbon soiltech developer AgriProve is making history with the Fysh Carbon Project at Mount Tom near Gladstone, on Gureng Gureng land, generating 3,559 ACCUs Australian carbon credits (ACCUs) under the Emissions Reduction Fund (ERF), the first issued under a digitally enabled model.
It is also the first project to go through AgriProve’s Carbon Intensity Ratings Tool which shows landholders Karen and Robert Scanlan have successfully sequestered more carbon than they emitted for each year of their cattle farming project, proving they are beyond carbon neutral.
AgriProve’s world leading soil sampling analysis and collection within a digitally enabled Soil Organic Carbon model has supported the generation of ACCUs within just two years of project commencement, and at an impressive rate of 4.4 ACCUs per hectare per year of operation.
With a land management strategy incorporating multi-species pastures and planned grazing management, the Mount Tom project is already delivering environmental, social and economic co-benefits for the Scanlans and their local community.
The project was sown with multi-species pasture using a zero-tillage disc drill suitable for light fragile sandy soils at risk of erosion, thereby preventing any potential degradation of the Great Barrier Reef. Grazing was withheld for nine months to allow for maturation and seed set to build up the seed bank for the following season.
AgriProve’s innovative approach to monitoring soil carbon projects uses satellite data to highlight changes in soil carbon sequestration rates. A proprietary Soil Organic Carbon model was used to identify a likely increase in soil carbon which brought forward the date of subsequent sampling, fast-tracking ACCU issuance from five years to a more attractive two.
The Mount Tom project has already prompted additional new soil carbon projects in the region, amplifying the positive impact on the Gladstone community, economy and environment through AgriProve’s unique model enabling soil carbon sequestration at scale.
Building on this success, AgriProve has 30 measured project increases in soil carbon, expected to be awarded ACCUs in the immediate future.
AgriProve is the fastest growing carbon soiltech developer in Australia, with an award-winning, data-driven approach already supporting over 500 projects totalling more than 160,000 hectares. AgriProve’s commercial model of soil carbon farming provides built-in regulatory integrity and a streamlined registration process for partnering farmers while removing carbon project risk.
Private sector operators like AgriProve are boosting investment in healthy soils and the technological innovation required for the scaling and evolution of regenerative agriculture required to achieve the Australian federal government’s emission targets for 2030 and beyond.
Fysh Carbon Project also part of Qld Government’s Land Restoration Fund (LRF)
The Fysh Carbon Project at Mount Tom near Gladstone is also a ground-breaking participant in the Queensland Government’s Land Restoration Fund (LRF) delivering significant co-benefits with the LRF purchasing ACCUs over 15 years.
This is the second AgriProve project to be awarded ACCUs for a soil carbon project, following AgriProve’s world first in 2019 when its flagship project in Gippsland received Australia’s first soil carbon credits under the Emissions Reduction Fund (ERF).
Quotes attributable to AgriProve Managing Director Matthew Warnken
“This is another red-letter day for AgriProve with our soil carbon partnership with the Scanlan family on their property at Mount Tom becoming AgriProve’s second farm to be awarded ACCUs, with additional benefits through the Queensland Government’s Land Restoration Fund.”
“This was the first project issuance flagged for sampling under our proprietary Soil Organic Carbon models. We will be using our SOC models to calculate soil carbon stocks daily to accelerate positive results for Australia’s most innovative farming enterprises.”
“The Scanlan’s property is also the first to have been assessed according to our Carbon Intensity Ratings Tool (CIRT) which proves that their carbon footprint is actually beyond carbon neutral, capturing more carbon than they are emitting.”
“AgriProve is proud to be leading the way with the Fysh project following on from our world first in 2019 when our Gippsland soil carbon project made history in being issued the first ACCUs under the Emissions Reduction Fund. AgriProve currently has 30 measured project increases in soil carbon and we expect the related ACCUs to be issued in the near future. We continue to work closely with our partnering producers and the Clean Energy Regulator to ensure the process is as streamlined as possible.”
“The Mount Tom project was one of the first soil carbon projects in Queensland and has since stimulated participation of additional soil carbon projects and adoption of regenerative practices that improve soil health, reduce erosion and nutrient runoff, and support broader landscape biodiversity. The demonstrated leadership of the Scanlans provides a blueprint for best practice land management. We are proud to have played our part in monetising this important work and demonstrating that farming enterprises can take tangible action on climate change while improving the climate resilience and productivity of their landholdings.”
Quotes attributable to Fysh Carbon Project landholder Karen Scanlan
“My husband and I bought this land six years ago, and it’s always been important to balance environmental interests with the profitability of our cattle farming operations. We’re now building a separate arm of our business through this soil carbon project that’s so valuable to us because it’s building financial and climate resilience.”
“Most of Australia is either in drought or flooding – it’s tough being a farmer, and anything that diversifies our farming income is important. We want to leave our land better than we found it for future generations including our daughter, especially when we have Baffle Creek along our border which runs into the Great Barrier Reef.”
“Soil Carbon farming initially was cost prohibitive for farmers, with soil tests around $9,000 plus costs associated with planting and fertiliser, and the wait time was five years for ACCUs. AgriProve helped us with applying for and successfully securing this investment in our land. I’m proud we’re the first ones in Queensland to start a successful soil carbon operation as we work together on futureproofing our farm.”
Media
AgriProve delivers first issuance of Australian Carbon Credit Units (ACCUs) under a digitally enabled model
AgriProve
/Public Release.
