2023 Age Class - Limestone Plantations

2023 Age Class - Limestone Plantations is a Plantation Forestry project located approximately 30km northwest of Penola in the Limestone Coast region of South Australia. It was registered in June 2023 and covers an area of 396.66 hectares.

Plantation forestry methodologies involve sequestering carbon by establishing new plantation forests or converting short-rotation plantations to long-rotation forests. Standard requirements under the 2022 determination include maintaining stocking densities suitable for commercial wood production and adhering to a strict permanence period (typically 25 years for this project type).

The Green Triangle and Limestone Coast regions are renowned for commercial forestry, viticulture, and grazing. The area generally experiences a Mediterranean climate with moderate to high winter rainfall, although recent years have shown increasing variability and declining average spring rainfall. Soils in the vicinity typically range from sandy loams and terra rossa to coastal limestone and duplex soils.

This project sequesters carbon by establishing a new plantation forest and converting an existing short-rotation plantation into a long-rotation forest, both intended for commercial harvesting. In May 2025, the project underwent a variation, and the proponent was transferred from The Trust Company (PTAL) Limited as trustee for ANZFOF2 Sub 1, a fund entity associated with New Forests, to OneFortyOne Plantations Pty Ltd, a major regional timber operator. SFM Environmental Solutions Pty. Ltd. acts as the agent for the project.