Valkyrie property - Project Freyja (Revoked)

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 even-aged native forests through assisted regeneration from in-situ seed sources, including rootstock and lignotubers. This is implemented on land where vegetation was cleared and regrowth suppressed for at least 10 years prior to the project commencing. Standard requirements involve ceasing suppressive activities, such as mechanical or chemical destruction, and managing the timing and extent of livestock grazing to allow native trees to successfully regenerate into forest cover.

The Isaac region is heavily utilized for cattle grazing and large-scale coal mining operations. The surrounding environment typically experiences a semi-arid to sub-tropical climate with highly variable, summer-dominant rainfall. Soils in this area of the Brigalow Belt are generally Vertosols, which are characterized as deep, cracking clay soils.

An interesting aspect of this project is its connection to the proponent, QGC Pty Limited, a subsidiary of Shell. Shell's 2020 Sustainability Report highlighted the Valkyrie property, noting that QGC managed the broader area to generate carbon credits and offset its project emissions, which included an 800-hectare endangered native forest regeneration portion. Despite varying its crediting period start date to September 2020, the project was ultimately revoked on April 2, 2026, under section 30 of the Carbon Farming Initiative (CFI) Rule.