Bundella North Native Forest Protection Project
EOP100847
Project Information:
Bundella North Native Forest Protection Project is an avoided deforestation project located approximately 40km northwest of Cobar in central-western New South Wales. It was registered in November 2014 and covers an area of 5,985.73 hectares.
Avoided deforestation projects generate carbon credits by protecting native forest from being deforested (cleared) and preventing the land from being converted to an agricultural system. A standard requirement under this methodology is that the landholder must hold a valid clearing permit that was issued before 1 July 2010. By retaining the native forest, the project avoids the greenhouse gas emissions that would have resulted from vegetation removal.
The Cobar region is heavily utilised for pastoral grazing, particularly for sheep and cattle, as well as mineral extraction. The area experiences a semi-arid climate with consistently low and variable rainfall. Local soil types generally consist of red earths, sandy loams, and isolated patches of clay.
This project was initially registered with Carrol Abeni as a participant. In March 2015, a variation was processed transferring the participant name to Terra Carbon Pty Limited. Terra Carbon is a subsidiary operating under GreenCollar, which is widely recognised as one of Australia's largest environmental market investors and project developers. Additionally, in May 2015, the projectās methodology was officially updated from the original 2013 determination to the newer Carbon Credits (Carbon Farming Initiative, Avoided Deforestation 1.1) Methodology Determination 2015.
