DAC-2015-05 (Revoked)

DAC-2015-05 (Revoked) is a Native Forest from Managed Regrowth project located in the Balonne Shire region of southern Queensland, near the New South Wales border. It was registered in September 2015 and covers 8,205.46 hectares.

Native Forest from Managed Regrowth projects involve allowing native vegetation to recover by stopping activities that suppress tree growth, such as mechanical or chemical clearing. The objective is to facilitate the natural regeneration of the landscape from in-situ seed sources, rootstock, and lignotubers to achieve a sustained native forest cover on land previously cleared for pastoral use.

The Balonne region is predominantly known for agricultural and pastoral operations, particularly cattle and sheep grazing. The area experiences a semi-arid climate characterized by low and highly variable rainfall, while local soils generally consist of cracking clays, red earths, and sandy loams.

The proponent for this project was Devine Agribusiness Carbon Pty Ltd, a company originally established to integrate carbon farming with traditional grazing models. The project secured a Carbon Abatement Contract (CAC290748) in November 2016 for the fixed delivery of 150,250 ACCUs to the Commonwealth. However, the contract lapsed in May 2018 with zero abatement delivered, and the project itself was officially revoked in August 2021 under section 30 of the CFI Rule. Additionally, in July 2021, the proponent Devine Agribusiness Carbon was acquired by GreenCollar, Australia's largest environmental markets investor.