Foster Carbon Project

Foster Carbon Project is a soil carbon project located in the Meander Valley region, approximately 57km west of Launceston near the town of Deloraine in Tasmania. It was registered in December 2020 and covers an area of 156.01 hectares.

Soil carbon projects under the Measurement of Soil Carbon Sequestration in Agricultural Systems methodology involve changing agricultural land management practices to increase the amount of carbon stored in the soil. To generate carbon credits, the changes in soil organic carbon must be physically measured and rigorously tested over time to calculate the exact volume of carbon sequestered.

The Meander Valley area is a highly diverse and productive agricultural region widely known for sheep grazing, dairy operations, and beef cattle farming, as well as various cropping enterprises. The area experiences moderate to high rainfall, typically ranging between 700mm and 1200mm annually depending on the specific elevation within the valley. Soils in the region vary considerably, featuring deep sandy soils, alluvial gravel deposits, and rich soils derived from basalt and dolerite.

This specific project is designed to increase carbon in the soil by re-establishing or rejuvenating pasture through seeding. This activity not only builds long-term soil carbon reserves but generally helps to improve pasture quality and drought resilience for the farming operation. The project is spearheaded by the project proponent AGRIPROVE SOLUTIONS PTY LTD and has a nominated permanence period of 25 years.