Plantation Pine Products Australia - PPP6

ERF208947

Project Information:

Plantation Pine Products Australia - PPP6 is a plantation forestry project located across multiple sites in New South Wales, with parcels situated approximately 3km northeast of Bombala in the Monaro region, as well as 30km south of Bathurst and 20km southwest of Oberon in the Central Tablelands. It was registered in May 2026 and covers 1,695.50 ha.

Plantation forestry projects involve sequestering carbon by establishing and maintaining new commercial plantation forests, or converting existing short-rotation plantations to long-rotation ones. Standard requirements under the methodology dictate that newly established plantations must be actively managed for the commercial harvesting of wood products while maintaining minimum tree stocking densities and protecting carbon stocks over the crediting period.

The Central Tablelands and Monaro regions are well-known for their mixed agriculture, predominantly sheep and cattle grazing, alongside extensive commercial pine forestry operations. The environment is considered to have moderate, reliable rainfall of around 720 to 750 mm annually. Soils in these areas are optimal for commercial timber growth, typically featuring fertile Chromosols (red and yellow duplex soils) and Dermosols (derived from tertiary basalts).

This project sequesters carbon by establishing and maintaining a new plantation forest for commercial harvesting of wood products. It was set up as part of a broader circular economy and corporate sustainability initiative. The proponent, Group Energy Pty Ltd, serves as the energy and sustainability arm for the Borg Group. By utilizing commercial pine forests, the company offsets its emissions and generates Australian Carbon Credit Units (ACCUs) while supplying its own timber manufacturing facilities. Interestingly, co-participants H.K Bean and S.J Bean operate a registered partnership out of the Margaret River area in Western Australia, pointing to a cross-state landholder or investment arrangement.