Section 11 - Carbon Credits (Carbon Farming Initiative—Savanna Fire Management—Sequestration and Emissions Avoidance) Methodology Determination 2026 - Adjustments resulting from subdivided project areas

11Adjustments resulting from subdivided project areas

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11 Adjustments resulting from subdivided project areas

Adjustments relating to clause 3—previous year’s carry‑over amount, OSeq,Prev

If a project area is removed and replaced with 2 or more subdivided project areas, then OSeq,Prev for each subdivided project area immediately after the subdivision takes effect is equal to the amount OSeq,Prev,Subdiv, in tonnes CO2‑e, given by the following equation:

Start formula O subscript Seq comma Prev comma Subdiv equals start fraction mean C subscript B comma Subdiv over mean C subscript B comma Orig end fraction times O subscript Seq comma Prev comma Orig end formula	equation 14

where:

C̄B,Subdiv is the mean carbon stock in the subdivided project area, in tonnes CO2-e, and is calculated in accordance with clause 6 over the baseline period for the subdivided project area.

C̄B,Orig is the mean baseline carbon stock in the original project area, in tonnes CO2-e, and is calculated in accordance with clause 6 over the baseline period for the original project area.

OSeq,Prev,Orig is the previous year’s carry‑over amount for the original project area, OSeq,Prev, as calculated in accordance with subclause 3(1).

Adjustments relating to clause 4—Cy-1,Subdiv in equation 15

If a project area is divided into 2 or more subdivided project areas, then Cy-1 for each subdivided project area immediately after the subdivision takes effect is equal to the amount Cy-1,Subdiv, in tonnes CO2‑e, given by the following equation:

Start formula C subscript y minus 1 comma Subdiv equals start fraction mean C subscript B comma Subdiv over mean C subscript B comma Orig end fraction times C subscript y minus 1 comma Orig end formula	equation 15

where:

C̄B,Subdiv has the same value as in subclause (1).

C̄B,Orig has the same value as in subclause (1).

Cy-1,Orig is the portion of the increase in carbon stock for the original project area resulting from undertaking the project that is taken to have been achieved by the end of the year before the subdivision, Cy-1, as calculated in accordance with the definition of that term in subclause 4(1).