Coonan Carbon Project 2

Coonan Carbon Project 2 is a soil carbon sequestration project located in the locality of Krowera, roughly 25 kilometers north of Wonthaggi and 15 kilometers inland from Western Port Bay in Victoria’s Gippsland region. Registered in September 2024, the project covers approximately 167 hectares of agricultural land. The region is characterized by the rolling hills of the Strzelecki Ranges foothills, predominantly utilized for beef and dairy cattle grazing due to its fertile clay-loam soils and reliable high rainfall.

The project operates under the Estimation of Soil Organic Carbon Sequestration using Measurement and Models (2021) methodology. This method allows landholders to earn Australian Carbon Credit Units (ACCUs) by increasing soil carbon stocks through changes in land management. Specifically, this project involves applying synthetic or non-synthetic fertilizers to address material nutrient deficiencies in the soil. By optimizing soil nutrition, the project aims to stimulate pasture growth and root development, which in turn draws more carbon from the atmosphere and stores it in the soil profile.

The proponent, Agriprove Solutions Co No.2 Pty Ltd, is a subsidiary of Agriprove, a leading developer of soil carbon projects in Australia. The project area’s environmental conditions, cool temperate climate with significant annual rainfall (often exceeding 900mm), are generally considered highly favourable for soil carbon sequestration, as moisture is a critical driver for building soil organic matter in grazing systems.