AA2024R_FerrarL_S1S2S3

AA2024R_FerrarL_S1S2S3 is a plantation forestry project located in the Buckland Basin area of south-east Tasmania, approximately 45 kilometers north-east of Hobart. Registered on July 11, 2024, the project covers 222.82 hectares. The "AA" in the project name identifies it as part of the "ActivAcre" program, an initiative managed by SFM Environmental Solutions that partners with Tasmanian landowners to integrate timber and carbon crops into existing farming operations.

The project operates under the Carbon Credits (Carbon Farming Initiative, Plantation Forestry) Methodology Determination 2022. It is notable for undertaking three distinct activities: establishing a new plantation (Schedule 1), converting a short-rotation plantation to a long-rotation forest (Schedule 2), and avoiding the conversion of an existing plantation to non-forested land (Schedule 3). These activities collectively aim to sequester carbon by increasing the volume and longevity of timber resources on the property.

The Buckland region is characterized by a mix of grazing and dry sclerophyll forestry. The area typically experiences a moderate rainfall of approximately 500mm to 700mm annually, which is lower than the state's western highlands but sufficient for Pinus radiata or Eucalyptus plantations. The local terrain features soils derived largely from dolerite and Triassic sandstone, often presenting as clay-loams or podzolic soils that are well-suited to forestry but can be prone to erosion if not managed carefully.

The project proponent, The Trust Company (Australia) Limited, acts as a trustee for The Tasmanian Carbon Afforestation Sub-Trust. This structure, combined with the ActivAcre branding, indicates the project is likely backed by institutional investment from New Forests, a major global forestry asset manager that underwrites the ActivAcre program. The identifier "FerrarL" refers to the landholder, likely the Ferrar family, who are established graziers and landholders in the Tasmanian Midlands and East Coast regions.