Yaloak Estate Environmental Plantings #2 Project (Revoked)

Yaloak Estate Environmental Plantings #2 Project is an environmental planting project located at the historic Yaloak Estate near Fiskville and Ballan, approximately 60km northwest of Melbourne in Victoria. It was registered in March 2015 and covers 5,741.66 hectares.

Environmental planting projects involve establishing permanent plantings of a mix of native tree or mallee species on land that was predominantly used for agriculture for at least five years. These plantings are designed to achieve forest cover, typically requiring a density of at least 200 stems per hectare, and the FullCAM model is utilized to estimate the resulting carbon sequestered.

The Fiskville and Ballan area is highly regarded for broad-acre livestock grazing and cropping operations. The region sits in a high rainfall zone (receiving over 500mm annually), and the estate's soils are predominantly duplex sodosols featuring a basalt clay-loam topsoil over a heavy sodic clay base.

This project was established by Corporate Carbon Solutions to integrate permanent, locally-sourced native tree species alongside the estate's vast agricultural activities. An interesting historical note is that the property was owned by prominent businessman Peter Yunghanns for over 50 years and hosted the renowned Yaloak Polo Club before being sold to a foreign-backed agricultural group for a reported $60 million. The carbon project itself was ultimately revoked on March 27, 2018, under section 33 of the CFI Act, though its associated fixed delivery contract had already seen the delivery of 58,500 carbon credits to the Commonwealth.