Counting the Co-Benefits
As the carbon offset or carbon farming market grows in its maturity, there is considerable interest in how biodiversity co-benefits can be harnessed and developed as a complementary market.
QTFN’s Counting the Co-Benefits project will demonstrate how landholders can create a sustainable agribusiness by leveraging environmental markets to diversify their revenue streams. This initiative is supported by the Queensland Government as part of the Pilot Projects Program of the Land Restoration Fund.
Managed as a low-intensity grazing property, conservation, research and education area, Aroona Station is ideally positioned to provide a real-life demonstration of how carbon farming activities can sequester or abate greenhouse gas emissions and at the same time, deliver valuable environmental, economic, social and First Nations co-benefits.
The project will combine revegetation and assisted regeneration techniques to increase koala habitat and habitat for other threatened species such as the brush-tailed rock-wallaby, with carbon offset outcomes and co-benefits.
In the project’s start-up phase, QTFN and our project partners Greencollar and Firesticks Alliance have been working to develop the project plan and establish a baseline for defining and measuring the environmental co-benefits of the carbon offset project using the Accounting for Nature® Framework.