2018 AGE CLASS - LIMESTONE PLANTATIONS

2018 AGE CLASS - LIMESTONE PLANTATIONS is a plantation forestry project located in western Victoria, just east of the South Australian border and approximately 25km east of Penola. It was registered in May 2018 and covers a project area of 1,252.57 hectares.

Plantation forestry projects under this methodology involve establishing a new plantation forest or converting an existing short-term rotation plantation into a long-term rotation forest. This standard requires actively managing the forest for the commercial harvesting of wood products. By extending the rotation periods, the trees are able to grow for a longer duration, sequestering more carbon in both the standing forest and the resulting harvested wood products before being felled.

Situated in the renowned "Green Triangle" forestry hub, often associated with the Limestone Coast, the regional land use is dominated by commercial softwood and hardwood timber plantations, alongside agriculture and livestock grazing. The local environment typically experiences high rainfall and features sandy loam soils overlying limestone, which provides highly favorable conditions for sustained, high-yield tree growth and deep root penetration.

The project has undergone several administrative changes, including a project area variation in May 2021 to remove specific parcels of land. In May 2025, the project proponent officially transitioned from The Trust Company to OneFortyOne Plantations Pty Ltd following the acquisition of the Limestone Estate. Subsequently, in June 2025, SFM Environmental Solutions (SFM Agribusiness) was retained to continue managing the estate on behalf of OneFortyOne. SFM brings deep expertise in carbon project management and will assist in the long-term strategy of transitioning the estate's hardwood plantation areas into expanded domestic softwood supply, supported economically by the generation of carbon credits.