FIT GT 2025 Carbon Project

FIT GT 2025 Carbon Project is a plantation forestry project located in the Green Triangle region spanning the border of South Australia and Victoria. The project area comprises multiple parcels widely distributed approximately 15 to 50 km outward from major regional centres such as Mount Gambier, Penola, and Portland. It was registered in February 2025 and covers 3,892.28 ha.

Plantation forestry projects involve sequestering carbon by establishing new plantation forests, converting existing short-rotation plantations to long-rotation forests, or transitioning plantations to permanent plantings. Under the methodology, these projects must meet specific commercial harvesting parameters and maintain minimum tree stocking densities to ensure sustainable timber production alongside verifiable, long-term carbon storage.

The Green Triangle region is renowned for supporting Australia's largest collective plantation and wood processing industry, which is deeply intermixed with extensive livestock grazing and cropping operations. The environment features a mild Mediterranean climate that receives reliable, high winter rainfall, creating ideal growing conditions. Soils across the region typically consist of well-draining sandy loams as well as permeable profiles over limestone and clay, which are highly favourable for commercial timber species such as radiata pine and blue gum.

This project specifically sequesters carbon by both establishing new plantations and transitioning existing short-rotation areas into long-rotation forests for the commercial harvesting of wood products. Additional land was formally added to the project area through variations in September 2025 and April 2026. The project proponent, The Trust Company (Australia) Limited as trustee for Forestry Investment Trust, acts as a major timberland investment vehicle associated with New Forests, a prominent global sustainable real assets manager with extensive forestry holdings across Australia.