Penola Plantations 2026 P26-7 Inverell

ERF207762

Project Information:

Penola Plantations 2026 P26-7 Inverell is a Plantation Forestry project located approximately 10km west of Casterton in Victoria, nestled closely against the South Australian border within the renowned Green Triangle region. It was registered on April 8, 2026, and covers a project area of 116.06 hectares.

Plantation Forestry projects that operate under the "Avoided conversion of a plantation to non-forested land" methodology involve sequestering carbon by continuing plantation activities rather than reverting the land to agricultural uses like pasture or cropping. Standard requirements include establishing and maintaining a new plantation forest, often at standard commercial stocking densities, specifically for the future commercial harvesting of wood products. This process ensures that the sequestered carbon remains locked in the landscape and in long-term timber products.

The Green Triangle region is historically known for cattle and sheep grazing alongside seasonal cropping, but it is highly regarded as one of Australia's premier forestry hubs for softwood and hardwood plantations. The local environment is perfectly suited for high-yield timber, benefiting from reliable, moderate-to-high rainfall that typically falls between 600–800mm annually. Soils in this region generally range from sandy loams to heavier clay loams over a limestone base, which strongly supports root establishment and groundwater recharge.

An interesting fact about this project is that it is managed by Timberlands Pacific Pty Ltd (TPPL), acting as the proponent alongside the trustee for the Green Triangle Forest Operating Sub Trust. TPPL is a major forest management company overseeing more than 100,000 hectares across Tasmania and the Green Triangle. The Penola Plantations estate alone comprises roughly 47,000 hectares of radiata pine. Furthermore, TPPL holds strict Forest Stewardship Council (FSC) and Responsible Wood certifications, meaning they uphold rigorous standards for sustainable forest management.