AustraliaThe Carbon Farming Initiative
On 23 August 2011 Australia's Federal Parliament passed the legislation required to implement the Carbon Farming Initiative (CFI). The CFI is a government program through which participants can implement emission reduction projects and receive carbon credits which can be sold into Australian and international carbon markets. The CFI broadly aims to provide financial incentives for farmers, forest growers, landholders and landfill operators to develop projects that will reduce or sequester carbon emissions.
RAMP Carbon is actively involved in the development of methodologies for the CFI through its participation on one of the Department of Climate Change and Energy Efficiency's Technical Working Groups. In addition to this, RAMP Carbon, working in collaboration with law firm Norton Rose and the Carbon Market Institute, authored "The Carbon Farming Initiative - An Introduction to Participation" which provides a snapshot of scheme regulations and procedures. This introductory information is to be followed by the release in early November of the Guide for Business. The Guide provides comprehensive information on CFI rules and procedures, project types, methodologies, key stakeholders and market dynamics.
The release of both the introductory report and the Guide for Business, as well as RAMP's participation in methodology development, demonstrates our leadership position in the Australian market, and our continued provision of high quality technical advisory services for carbon markets.
To download "The Carbon Farming Initiative - An Introduction to Participation" Click Here.