Currawong Schedule 2 2025 ACCU-Scheme Project

Currawong Schedule 2 2025 ACCU-Scheme Project is a plantation forestry project spanning multiple regions across Tasmania, with geographic clusters located near major cities such as Burnie in the state's northwest, Launceston in the north, and Hobart to the south. Registered in August 2025, the project covers 1,322.86 hectares. The regional land use across these dispersed Tasmanian sites is heavily characterised by commercial timber production, native forestry, and broadacre agriculture including sheep and cattle grazing. The project locations typically experience a cool-temperate climate with rainfall ranging from moderate in the midlands to high in the northwest. The soil profiles supporting these plantations are highly variable but generally include fertile ferrosols (krasnozems), podzols, and clay loams that are highly suitable for timber growth.

Plantation forestry projects operating under the 2022 methodology framework involve establishing a new plantation forest, converting a short-rotation plantation to a long-rotation plantation, or avoiding the conversion of an existing plantation to non-forested land. Standard methodology requirements mandate that these plantations maintain commercial tree stocking densities and manage the forest for sustainable, ongoing commercial harvesting of wood products.

This specific project generates carbon credits by extending the harvest rotation length of an existing short-rotation plantation. By avoiding an early harvest for pulpwood and growing the trees longer for high-quality sawlogs or engineered wood products, the forest sequesters additional carbon. The project's proponent is The Trust Company (Australia) Limited as the Trustee for Tasmanian Forest Operating Sub Trust. Notably, this sub-trust is the legal entity behind Forico, Tasmania's largest private forest management company. Forico has been pioneering this method of extending rotations and thinning trees, which not only draws down significant additional atmospheric carbon but also builds capacity in the local timber construction industry.