FPC 2024 CP1

FPC 2024 CP1 is a plantation forestry project located roughly 25km north-west of Boyup Brook in Western Australia's South West region. Registered in May 2024, the project initially covered 797.83 hectares, though a variation on September 1, 2026, saw additional land areas added to the project boundary.

Plantation forestry projects under the ACCU scheme involve establishing and maintaining new plantation forests, or converting existing short-rotation plantations to long-rotation ones. These projects sequester carbon through the growth of eligible tree species planted at sufficient densities to achieve forest cover, all while being managed for the eventual commercial harvesting of wood products.

The Boyup Brook area and broader Blackwood River catchment are traditionally known for sheep and cattle grazing, broadacre cropping, and significant forestry operations. The region encompasses both jarrah and marri native forests as well as commercial timber plantations. The environment features a Mediterranean climate with high winter rainfall averaging between 500mm and 725mm annually. Soils across the undulating landscape are typically ironstone gravels on ridges, transitioning to sandy or clayey duplex soils and red earths in the valleys.

Notably, this project is being delivered through a major strategic partnership between the proponent, the WA Forest Products Commission, and the WA Water Corporation. FPC 2024 CP1 involves the planting of Radiata Pines to sequester carbon and generate ACCUs, which the Water Corporation intends to use to help meet its net-zero greenhouse gas emissions targets. Once mature, these pines will be progressively harvested to provide a secure and sustainable supply of softwood timber for the Western Australian building industry.