Valkyrie property - Project Freyja (Revoked)

ERF132486

Project Information:

Valkyrie property - Project Freyja (Revoked) is a Human-Induced Regeneration project located at Valkyrie in the Isaac region of Queensland, approximately 35km south of the town of Nebo. It was registered in June 2019 and covers 1,355.82 hectares.

Human-Induced Regeneration (HIR) projects involve establishing permanent native forests through assisted regeneration from in-situ seed sources on land where vegetation was cleared and regrowth suppressed for at least 10 years. Standard requirements involve ceasing suppressive activities, such as stopping mechanical and chemical clearing, and managing the timing and extent of livestock grazing, to allow native trees to reach forest cover, typically defined as having at least 20% crown cover and reaching 2 metres in height.

The Isaac region is heavily utilized for cattle grazing and coal mining operations. The environment experiences a semi-arid to sub-tropical climate with highly variable, summer-dominant rainfall. Soils in the area are typically Vertosols, which are deep, cracking clay soils common throughout the brigalow belt.

An interesting fact about this project is its connection to the proponent, QGC Pty Limited, a subsidiary of Shell. Shell’s 2020 Sustainability Report specifically highlighted the Valkyrie property, noting that QGC manages the area to generate carbon credits and offset the project's carbon emissions, mentioning an 800-hectare endangered native forest portion. Although the crediting period start date was varied early on to September 2020, the project was ultimately revoked on April 2, 2026, under section 30 of the Carbon Farming Initiative (CFI) Rule.