Hello and welcome to the March edition of the GreenCollar monthly update. It has been an extreme start to autumn in many parts of the country with big winds and big rains across the nation.
In this month’s update find out about:
- The 5th Emissions Reduction Fund Auction
- GreenCollar & Terrain NRM workshops in North Queensland
- Western Landcare Forum
Emissions Reduction Fund Auction
The fifth Emissions Reduction Fund (ERF) auction is scheduled to take place on the 5th & 6th of April with projects wishing to participate registered earlier in the week.
The auction format will remain unchanged from the previous auction with the Clean Energy Regulator retaining flexibility to choose the volume of abatement purchased – between 50 and 100 per cent of the abatement on offer below the benchmark price.
More than $440 million remains available for this auction and future purchasing processes. With new proposed methods coming on line later this year, there will be new opportunities for participation from different parties and the Clean Energy Regulator expects prices put forward at fifth auction to be in line with previous auctions.
To date, the Emissions Reduction Fund has secured 356 contracts to deliver more than 178 million tonnes of abatement from 397 projects. Results from the coming auction will be available on the 13th April with the average price per tonne of abatement published by the Clean Energy Regulator.
GreenCollar & Terrain NRM Wet Tropics Workshops
GreenCollar, in partnership with Terrain NRM, have just wrapped up a series of workshops in the Wet Tropics. Earlier in the week, Landowners, Landcare, community, industry and conservation groups were invited to attend meetings in Atherton and Innisfail for a briefing about carbon abatement opportunities in the region. There was a fantastic turn out at both events with local landholders and interested parties hearing from the team about ways we can work together to achieve catchment-scale rehabilitation in the Wet Tropics.
A range of topics were presented on the day including:
- GreenCollar’s Wet Tropics Rehabilitation Fund
- New project opportunities tailored to the Wet Tropics
- Ecosystem services including carbon, biodiversity & water markets
- Aggregation models for small and large-scale landscape rehabilitation work
Real life examples of economic and spatial modeling to understand the full potential of ecosystem repair at scale
GreenCollar is contracted to the Australian Government to abate 15 M tonnes of CO2e in the Great Barrier Reef Catchments through revegetation, natural regeneration and avoided clearing of native vegetation. Besides sequestering carbon, it is intended to improve water quality in the catchments draining to the Reef Lagoon by restoring riparian and wetland vegetation and safeguard biodiversity by creating corridors between remnant habitats.
We are broadening our established carbon abatement market to trial other ecosystem services in higher value, more contested coastal landscapes, starting in the Wet Tropics. For example by “stacking” benefits, such as carbon storage, water quality and biodiversity conservation in coastal catchments, we are developing and marketing new methods to fund ecosystem repair, pay landowners for their ecosystem services, improve farm practice and support community groups focused on system repair. Collectively these activities are fundamental to addressing the dual threats to the reef of land based water pollution and climate change.
We thank Terrain NRM for their assistance in linking GreenCollar to community groups and landowners and hope to assist them and others by bringing additional investment to land regeneration and income to landowners for their ecosystem services.
Western Landcare Forum 2017
GreenCollar are proud to support the local communities in which we work and are excited to announce that we will be sponsoring the Western Landcare Forum in Broken Hill on 4th & 5th of August.
The 2017 Western Landcare Forum will explore the relationship between healthy landscapes and healthy food while celebrating the diverse range of produce from the Western Division. The biennial event brings together land managers and groups from all over Western NSW to share success stories about sustainable agriculture and learn of new opportunities and innovations. The 2017 forum will provide an opportunity to showcase regional produce through cooking demonstrations and trade stands.
More importantly, the forum will highlight the unique connection between environmental and production outcomes in the region and explore opportunities for dedicated western land managers to take advantage of current trends involving food provenance and sustainability, and put the produce of Western NSW on the map
For more information or to get involved, speak to your local Landcare Coordinator or contact Fiona Garland on (02) 6872 2144