The Australian Government is inviting input on a draft blue carbon method for the Emissions Reduction Fund (ERF).
The ERF incentivises Australian businesses to cut greenhouse gases and undertake activities that store carbon. This is the first ERF method for blue carbon projects.
Blue carbon is the storage of organic carbon in coastal wetland and marine ecosystems.
A blue carbon project achieves abatement by reintroducing tidal flows to:
- increase the carbon stored in soil and vegetation
- avoid emissions from soils as they are rewetted, or as freshwater wetlands are returned to saline wetlands.
Blue carbon is one of 5 priority methods being developed in 2021.
Read the draft method and provide feedback on our Consultation hub.
Submissions are welcome until 10 November 2021.
/Public Release. View in full here.
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