Land and water
On 18 June 2014 the Government introduced to Parliament a bill to implement the Emissions Reduction Fund. The Carbon Farming Initiative Amendment Bill 2014 will expand the Carbon Credits (Carbon Farming Initiative) Act 2011.
The Carbon Farming Initiative allows farmers and land managers to earn carbon credits by storing carbon or reducing greenhouse gas emissions on the land. These credits can then be sold to people and businesses wishing to offset their emissions. It is expected to provide incentives for activities to reduce emissions from agriculture. Participation is voluntary.
There are currently no significant abatement measures in the agriculture sector.
Land Use, Land-Use Change and Forestry is a greenhouse gas inventory sector under the UNFCCC that covers emissions and removals of greenhouse gases resulting from direct human-induced land use, land-use change and forestry activities.
Reducing Emissions from Deforestation and Forest Degradation (REDD) is a set of steps designed to use market/financial incentives in order to reduce the emissions of greenhouse gases from deforestation and forest degradation.
Green Carbon is a report released by the ANU which provides an account of the carbon storage potential of Australia’s south-eastern Eucalypt forests, and policy implications.
The Economics of Ecosystems and Biodiversity (TEEB) is a global study to help put a true cost on ecosystem services and biodiversity.
More biodiversity resources coming soon.
Australian agricultural emissions