Carbon Conscious Carbon Capture Project 1

Carbon Conscious Carbon Capture Project 1 is an environmental and mallee planting project located across 14 properties spanning the Wheatbelt and Mid West regions of Western Australia, generally situated between 200km and 500km north and east of Perth. It was registered in September 2013 and covers a project area of 6,978.91 hectares, with approximately 5,700 hectares actively planted with trees.

Environmental and mallee planting projects involve establishing permanent plantings of native tree species, such as mallee eucalypts, on land that was predominantly used for agricultural purposes for at least five years prior to project commencement. The trees must be planted at a sufficient density to ultimately achieve forest canopy cover.

The Central and Northern Agricultural Regions of Western Australia are heavily utilised for broadacre dryland cropping and sheep grazing. The area typically experiences a semi-arid, Mediterranean climate with low to medium winter-dominant rainfall, and features soils ranging from sandy loams to lateritic gravels.

Between 2009 and 2010, over 6 million native mallee trees were planted across the properties to create a long-term carbon sink. The project is legally bound to maintain the forest for a permanence period of 100 years. It was successfully contracted under the Emissions Reduction Fund (Contract CAC194219), delivering its committed volume of 110,138 ACCUs to the Commonwealth by 2021. The project's proponent, ACCU Asset Management Pty Ltd, was initially tied to Alterra Limited before its carbon business was successfully demerged in 2018 into a separate entity. Today, the carbon credits generated by the project are highly sought after in the voluntary market, supporting the carbon-neutral and Climate Active strategies of commercial businesses such as GH Commercial.