Penola Plantations 2026 – P26-2 Nangwarry Central

Penola Plantations 2026 – P26-2 Nangwarry Central is a plantation forestry project located near the town of Nangwarry, approximately 32km north-west of Mount Gambier in South Australia's Limestone Coast region. It was registered in August 2025 and covers an area of 183.49 hectares.

Plantation forestry projects under the 2022 method generate carbon credits by increasing or maintaining the long-term average carbon stock in plantations and harvested wood products. Specifically, this project involves the avoided conversion of an existing or harvested plantation forest to non-forested land. Standard requirements dictate that the project must establish and maintain a new plantation for the commercial harvesting of wood products, rather than allowing the land to revert to agricultural clearing or pasture.

The Nangwarry area sits within the "Green Triangle" spanning the South Australian and Victorian borders, a region renowned for its extensive commercial forestry operations, as well as dryland grazing and cropping. The area is considered a moderate to high rainfall zone for South Australia, supported by an underlying limestone aquifer. The region's soils are highly productive, typically characterized by texture-contrast profiles such as sandy loams over clay (Kurosols) and deep sands over limestone geology, providing an excellent environment for robust commercial tree growth.

This project was established by Timberlands Pacific Pty Ltd, working with The Trust Company (Australia) Limited as trustee for the Green Triangle Forest Operating Sub Trust. Timberlands Pacific manages the wider Penola Plantations estate, which comprises large areas of primarily Radiata Pine across the Green Triangle. By registering this and several other adjoining parcels under the ACCU scheme, the proponents ensure the plantation continues operating commercially while sequestering carbon.