Penola Plantations 2026 – P26-5 Nangwarry Central

Penola Plantations 2026 – P26-5 Nangwarry Central is a plantation forestry project located approximately 10 to 15 kilometres northeast of the town of Nangwarry in the Green Triangle region of South Australia. It was registered in September 2025 and covers an area of 121.42 hectares.

The Carbon Credits (Carbon Farming Initiative-Plantation Forestry) Methodology Determination 2022 allows projects to earn carbon credits by establishing new plantation forests or avoiding the conversion of existing plantations to non-forested land. This specific project sequesters carbon by continuing an existing plantation forest designated for the commercial harvesting of wood products, preventing the land from being cleared and converted to agricultural uses. Standard requirements under this methodology include maintaining an active forest management plan, managing the forest for commercial harvest, maintaining stocking densities, and verifying through an independent financial assessment that the land would have been financially viable for non-forest conversion in the absence of the carbon project.

The Green Triangle region is highly regarded for its extensive commercial forestry operations (primarily pine and blue gum), as well as cattle and sheep grazing. The local environment is classified as a high rainfall area, which is highly conducive to growing plantation timber. Soils around the Nangwarry area typically consist of sandy loams, humus and meadow podsols, and the locally specific Nangwarry sands.

The project proponent is Timberlands Pacific Pty Ltd, operating in partnership with The Trust Company (Australia) Limited as trustee for the Green Triangle Forest Operating Sub Trust. Timberlands Pacific manages substantial forestry assets within the Green Triangle, and this specific site is part of a broader suite of "Penola Plantations" ACCU registrations designed to ensure long-term carbon sequestration alongside sustainable timber supply in the region.