FARMING AHEAD INTELLIGENCE

Workshop Manual: The business case for carbon farming: improving your farm’s sustainability (January 2021)

The Australian Government’s original Carbon Farming Initiative (CFI)—which enabled farmers to earn Australian Carbon Credit Units (ACCUs) through carbon farming—commenced in 2011.

This scheme was folded into the Emissions Reduction Fund (ERF) in December 2014.

The ERF was rebranded as the Climate Solutions Fund (CSF) in February 2019, however ERF still tends to be used when referring to the Fund. In this guide, ERF and CSF are used interchangeably. 

The ERF (as configured at the time this manual was prepared) is intended to provide continuing encouragement for carbon farming.

Throughout this manual, we refer to both the Carbon Credits (Carbon Framing Initiative) Act 2011 and the ERF as the policy instruments for carbon farming activities that can generate ACCUs.

Please navigate this manual via the full contents list below.

The "Inside this Report" box in the right hand column also allows you to go to the first page of each chapter.

Additionally, on each page you can click through to the next or previous section via the links in the blue strip that appears above the main body of text. You can also access the full contents in a dropdown menu by clicking on the three horizontal bars in the blue strip.

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1. Introduction: background to the business case
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1. Introduction: background to the business case

This chapter lays out the basic background and groundwork of the manual

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1.1 Overview

Introduction: background to the business case

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1.2 Being clear about the reasons for participating

Introduction: background to the business case

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1.3 Key steps in a decision process

Introduction: background to the business case

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1.4 Working through the business case for carbon farming

Introduction: background to the business case

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1.5 Factors determining project economics

Introduction: background to the business case

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1.6 Elements of the business case

Introduction: background to the business case

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1.7 Building an economic case

Introduction: background to the business case

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1.8 Important features of the business case

Introduction: background to the business case

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1.9 The plan of this manual

Introduction: background to the business case

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2. How carbon is farmed under the ERF

This chapter considers in detail the activities that constitute carbon farming

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2.1 The scope of carbon farming under the ERF

How carbon is farmed under the ERF

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2.2 Emissions avoidance activities

How carbon is farmed under the ERF

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2.3 Sequestration activities

How carbon is farmed under the ERF

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2.4 The negative list

How carbon is farmed under the ERF

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2.5 Carbon farming under the Emissions Reduction Fund

How carbon is farmed under the ERF

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2.6 Who's who in the CFI and the ERF

How carbon is farmed under the ERF

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3. The policy context and the price of ACCUs

This chapter takes a broad look at the policy context for carbon farming

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3.1 The policy context

The policy context and the price of ACCUs

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3.2 A documented climate challenge…

The policy context and the price of ACCUs

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3.3 … with numerous policy responses

The policy context and the price of ACCUs

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