The Carbon Farming Initiative (CFI) Administrator has been appointed and the CFI is now operational which will allow land managers, farmers and landfill operators to participate in carbon markets.
The Government has taken industry views into account in making regulations for:
- the Australian National Registry of Emission Units which will support both the Carbon Farming Initiative and the carbon pricing mechanism;
- An initial list of activities which will be eligible under the CFI once technical methodologies are developed;
- The protections against adverse impacts on water resources, biodiversity and local communities;
Application forms are available on the DCCEE website for potential participants to:
- become a ‘recognised offsets entity’
- open an account in the Australian National Registry of Emissions Units
For more information on the CFI and methodologies currently under development see the DCCEE’s website