AA2024E_WelshL_S1S3

AA2024E_WelshL_S1S3 is a plantation forestry project located in the Launceston City Council area of Tasmania, approximately 25km northeast of the city of Launceston. The project was registered on July 15, 2024, and covers a total area of 14.82 hectares. The site is situated in the Mount Arthur region, near the localities of Lisle and Nabowla, an area characterized by its rugged terrain and productive forestry operations.

The region is well-regarded for its cool temperate climate and high rainfall, conditions that are ideal for commercial timber production. The local landscape supports a mix of grazing and plantation forestry, with soils typically consisting of fertile Ferrosols or clay loams that support rapid tree growth. This specific project operates under the Carbon Credits (Carbon Farming Initiative, Plantation Forestry) Methodology Determination 2022. It combines two distinct activities: establishing a new plantation forest (Schedule 1) on land that has been clear of forest for at least seven years, and avoiding the conversion of an existing plantation to non-forested land (Schedule 3). This dual approach ensures carbon is sequestered both by growing new trees and by maintaining established timber stocks that might otherwise have been cleared for agriculture.

The project is managed by SFM Environmental Solutions, a prominent Tasmanian forest manager, and the proponent is The Trust Company (Australia) Limited as trustee for The Tasmanian Carbon Afforestation Sub-Trust. This structure suggests the project is part of a larger aggregated investment portfolio, potentially linked to SFM’s "ActivAcre" program, which partners with landowners to develop carbon and timber assets. The small project area implies it may be a specific coop or land parcel ("WelshL" likely referring to the property name or owner) included within this broader sub-trust arrangement.