Carbon Credits (Carbon Farming Initiative—Plantation Forestry) Methodology Determination 2022
8Plantation forest projects and permanent planting projects
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8 Plantation forest projects and permanent planting projects
(1) For paragraph 106(1)(a) of the Act, this determination applies to an offsets project if the project involves one or more of the following:
(a) establishing new plantation forests; or
(b) converting short-rotation plantation forests to long-rotation plantation forests; or
(c) continuing existing plantation forests; or
(d) the transition of existing plantation forests to permanent plantings;
each of which can reasonably be expected to result in eligible carbon abatement.
(2) A project covered by paragraph (1)(a), (b) or (c) is a plantation forest project.
(3) A project covered by subsection (1)(d) is a permanent planting project.
Note 1: Each of paragraphs (1)(a) to (d) is the basis of a project activity. A project can have more than one project activity, provided they are undertaken on separate CEAs. A project can therefore be both a plantation forest and a permanent planting project.
Note 2: Where a project has multiple project activities, the permanence period discount number that will apply to the project is the greatest permanence period discount number that applies to any of the project activities.
Part 3—Project requirements
Division 3.1—General
9 Operation of this Part
For paragraph 106(1)(b) of the Act, this Part sets out requirements that must be met for the following projects to be an eligible offsets project:
(a) a plantation forest project;
(b) a permanent planting project.