FIT GT 2025 Carbon Project

FIT GT 2025 Carbon Project is a plantation forestry project located across the renowned "Green Triangle" region spanning the South Australian and Victorian borders, with parcels situated near regional hubs such as Mount Gambier, Casterton, and Hamilton. It was registered on February 17, 2025, and initially covered 3,892.28 hectares. Variations to the project in September 2025 and April 2026 have since added additional areas to the original project boundary.

Plantation forestry projects under the 2022 method involve establishing new plantation forests, converting short-rotation plantations to long-rotation ones, or maintaining pre-existing plantations to increase the amount of carbon stored in the landscape. Standard requirements include planting eligible timber species intended for commercial harvest, managing the site according to standard forestry practices, and ensuring the project complies with strict forest cover thresholds and FullCAM carbon modelling guidelines.

The Green Triangle region is famous for its extensive commercial pine and blue gum forestry operations, as well as significant sheep and cattle grazing and broadacre cropping. The area is characterised by a temperate climate with reliable, high rainfall, which is ideal for timber production. Soils across these sites vary widely, ranging from fertile volcanic basalts around the Hamilton district to sandy loams and limestone-based profiles moving west into South Australia.

This project sequesters carbon through two main activities: establishing new plantation forests for commercial harvesting of wood products, and transitioning existing short-rotation plantation forests into long-rotation cycles. Interestingly, the project's proponent, The Trust Company (Australia) Limited as trustee for Forestry Investment Trust, represents forestry assets managed by New Forests, a major global timberland and nature-based investment manager operating heavily in the Green Triangle.