Part 2Savanna sequestration projects

Part 2—Savanna sequestration projects

12  Savanna sequestration projects

1.     For the purposes of paragraph 106(1)(a) of the Act, this instrument applies to an offsets project that:

2.     involves undertaking savanna fire management with both of the following objectives:

3.             removing carbon dioxide from the atmosphere by sequestering more carbon (in living biomass or dead organic matter) than was sequestered during the baseline period;

4.             avoiding the emission of methane and nitrous oxide from the burning of savannas, compared to the emissions during the baseline period; and

5.     does not result in an increase in:

6.             greenhouse gas emissions from any other source; or

7.             the rate of decomposition of organic carbon; and

8.  is carried out on a savanna that is in either or both of the following:

 (i) the high rainfall zone;

 (ii) the low rainfall zone; and

1.     can reasonably be expected to result in eligible carbon abatement.

2.     A project covered by subsection (1) is a savanna sequestration project.

3.     This instrument does not apply to an offsets project if that offsets project has been or is an eligible offsets project under a savanna emissions avoidance determination.

Note: The Carbon Credits (Carbon Farming Initiative—Savanna Fire Management— Emissions Avoidance) Methodology Determination 2026 covers offsets projects that involve undertaking savanna fire management with the sole objective of avoiding the emission of methane and nitrous oxide from the burning of savannas, compared to the emissions during the baseline period.