Harvey Pine project 2018

Harvey Pine project 2018 is a plantation forestry project located approximately 45km southwest of Kojonup and 50km southeast of Boyup Brook in Western Australia. It was registered in May 2018 and covers an area of 3041.09 ha.

Plantation forestry projects sequester carbon by establishing new plantation forests or converting existing short-rotation plantation forests into long-rotation forests for the commercial harvesting of wood products. Standard methodology requirements involve active commercial forest management, maintaining specific stocking densities to achieve forest canopy cover, and utilizing approved modeling tools to calculate carbon stock changes in trees, debris, and harvested wood products.

The Shires of Kojonup and Boyup Brook are characterized by a mix of broadacre cropping, sheep grazing, and commercial forestry operations. The region sits within Western Australia's high rainfall cropping zone, typically receiving between 500mm and 600mm of average annual rainfall. The soils in the area generally consist of lateritic ironstone gravels, yellow sands, and grey deep sandy duplexes.

The project proponent, The Trust Company (Australia) Limited as trustee for Forestry Investment Trust, is an investment vehicle managed by New Forests, a global investment manager specializing in nature-based real assets and natural capital strategies. According to registry notes, the project area was officially expanded through variations in March 2021 and January 2022 to include additional land blocks.