FPC 2024 CP3

FPC 2024 CP3 is a plantation forestry project located across multiple sites in the South West region of Western Australia, with specific parcels situated near the regional towns of Nannup, Boyup Brook, and Balingup. It was registered in October 2024 and covers an area of 1,084.57 hectares.

Plantation forestry projects under the 2022 methodology involve generating carbon abatement by establishing new plantations, maintaining pre-existing plantations, or converting short-rotation plantations to long-rotation systems. These projects are intended for the commercial harvesting of wood products and must adhere to standard forestry requirements, such as achieving and maintaining minimum tree stocking densities.

The South West region of Western Australia is well known for commercial timber and native forestry, alongside agricultural land uses like dairy farming, cattle and sheep grazing, and viticulture. The environment is characterized by a Mediterranean climate with high winter rainfall. The soils across these project areas generally consist of lateritic ironstone gravels, sandy loams, and deep loams over clay subsoils, which provide highly productive growing conditions for timber.

This project specifically sequesters carbon by both establishing a new plantation forest and converting an existing short-rotation plantation forest into a long-rotation system for commercial harvesting. It is managed by the Forest Products Commission, the Western Australian Government's commercial forestry trading enterprise, which maintains a large portfolio of similar carbon and timber projects across the state.