AA2024R_LanesTierP_S3

AA2024R_LanesTierP_S3 is a plantation forestry project located at Lanes Tier, approximately 9km north of Ouse in Tasmania's scenic Derwent Valley. It was registered on May 10, 2024, and covers an area of 169.74 hectares.

Plantation forestry projects under the Australian Carbon Credit Unit (ACCU) scheme generate carbon abatement by establishing new plantation forests, converting short-rotation to long-rotation plantations, or maintaining pre-existing plantations that would otherwise be cleared. Standard requirements for this methodology include adhering to the Carbon Credits (Carbon Farming Initiative-Plantation Forestry) Methodology Determination 2022, managing appropriate tree stocking densities for commercial viability, and complying with local state forestry regulations.

The region surrounding Ouse and Lanes Tier is well known for mixed agricultural use, including cattle and sheep grazing, alongside extensive hardwood and pine forestry operations. The local environment is characterised by reliable upper Derwent Valley rainfall, which is crucial for timber growth. Soils in these elevated Central Highlands terrains generally range from sandy loams to more vulnerable clay soils that effectively support robust forest ecosystems and native bushland.

This project specifically sequesters carbon by avoiding the conversion of a plantation to non-forested agricultural land, choosing instead to continue maintaining the existing forest established under another method for the commercial harvesting of wood products. The project is operated by The Trust Company (Australia) Limited as trustee for The Tasmanian Carbon Afforestation Sub-Trust, with participation from SFM Environmental Solutions Pty Ltd. SFM Environmental Solutions is a prominent 100% Tasmanian-owned independent forest management company established in 2001, underscoring a strong local commercial forestry presence participating in the national carbon market.