Bundure Station Forest Regeneration Project (Revoked)

The Bundure Station Forest Regeneration Project (Revoked) was a carbon sequestration initiative located at "Bundure Station," a pastoral property near Mount Hope in western New South Wales. The project area, covering approximately 30,044 hectares, is situated roughly 100 kilometers north of Hillston and 160 kilometers south of Cobar. This region is part of the Cobar Peneplain, characterized by a semi-arid climate and red earth or sandy loam soils, historically utilized for mixed farming, including grazing and opportunistic cultivation.

Registered in September 2020, the project operated under the Human-Induced Regeneration (HIR) methodology. This method credits landholders for regenerating permanent native forests by ceasing suppression activities, such as managing feral animals or reducing grazing pressure, to allow vegetation to recover from in-situ seed sources like rootstock and lignotubers. The project did not involve planting but rather the assisted regeneration of the natural landscape.

The project was voluntarily revoked on July 16, 2024, under Section 30 of the Carbon Credits (Carbon Farming Initiative) Rule 2015, which typically applies when a proponent wishes to end a project where no carbon credits remain issued (often requiring the relinquishment of any previously issued units). Real estate listings from 2023 indicate that the property, Bundure Station, was marketed for sale during the project's life, highlighting "secondary income from a carbon credits scheme" as a selling point. The project's carbon abatement contract, which had secured the optional delivery of 97,680 tonnes of abatement, was subsequently terminated in September 2025.