Penola Plantations 2026 – P26-3 Myaring West

Penola Plantations 2026 – P26-3 Myaring West is a plantation forestry project located near Myaring in the Green Triangle region, approximately 15km north of Dartmoor in south-western Victoria. It was registered in October 2025 and covers 269.75ha.

Plantation forestry projects generate abatement by establishing new plantations, converting short-rotation plantations to long-rotation ones, or avoiding the conversion of existing plantations to non-forested land. These projects involve establishing and maintaining a forest specifically for the commercial harvesting of wood products.

The Green Triangle region is heavily utilised for commercial timber operations, particularly radiata pine and blue gum, alongside traditional sheep and cattle grazing. The area experiences moderate to high rainfall that is ideal for commercial forestry, while the local soils typically consist of sandy loams over clay and limestone bases.

This project sequesters carbon by avoiding the conversion of an existing or harvested plantation to non-forested land, continuing the cycle by establishing a new commercial plantation forest. The project proponent is Timberlands Pacific Pty Ltd, acting as an agent for the Green Triangle Forest Operating Sub Trust, which sustainably manages a massive 47,000-hectare timber estate across the South Australian and Victorian borders.