Avoided Deforestation: Protecting trees to fund property … · Emissions Reduction Fund—Case...
1
environment.gov.au Emissions Reduction Fund—Case study Avoided deforestation: protecting trees to fund property improvements Under the Emissions Reduction Fund more than 40 farmers in western New South Wales are earning money for protecting trees on their property. Many farmers are re-investing the money earned through the scheme to improve productivity on their farms. Mr Peter Yench, owner of 53,000 hectare Bulgoo Station, south of Cobar, is one of many rural farmers in western New South Wales who holds a permit to clear on his property for grazing and crops. Peter was scheduled to clear 7000 hectares of forest on marginal land on his property. Peter committed to keeping these forests standing for 100 years as an Emissions Reduction Fund project. In exchange he receives carbon credits which he can sell back to the Government. Mr Yench has re-invested the revenue into water-spreading, erecting fencing and cultivating productive areas of his property. is has improved the carrying capacity and profitability of the land while also improving biodiversity and mainting a mosaic landscape. e income earned through the scheme has allowed him to expand and purchase two neighbouring properties. Mr Yench also manages the risk of fire and feral goats in these forests while continuing to graze sheep on these blocks during dry times. e benefits of the project have flowed beyond the farm gate and are supporting local businesses; an outcome shared by Mr Yench: “I believe that by using carbon income to improve the landscape and employ local people that this project benefits more than just me and my family.” CC146D.0516 Photo: (top) © Copyright Nick Rains, (right) © Copyright the Department of the Environment © Commonwealth of Australia, 2016. is fact sheet is licensed by Commonwealth of Australia under a Creative Commons Attribution 4.0 International licence. e views and opinions expressed in this publication are those of the authors and do not necessarily reflect those of the Australian Government or the Minister for the Environment.
Transcript of Avoided Deforestation: Protecting trees to fund property … · Emissions Reduction Fund—Case...
environment.gov.au
Emissions Reduction Fund—Case study
Avoided deforestation: protecting trees to fund property improvements
Under the Emissions Reduction Fund more than 40 farmers in western New South Wales are earning money for protecting trees on their property. Many farmers are re-investing the money earned through the scheme to improve productivity on their farms.
Mr Peter Yench, owner of 53,000 hectare Bulgoo Station, south of Cobar, is one of many rural farmers in western New South Wales who holds a permit to clear on his property for grazing and crops. Peter was scheduled to clear 7000 hectares of forest on marginal land on his property. Peter committed to keeping these forests standing for 100 years as an Emissions Reduction Fund project. In exchange he receives carbon credits which he can sell back to the Government.
Mr Yench has re-invested the revenue into water-spreading, erecting fencing and cultivating productive areas of his property. This has improved the carrying capacity and profitability of the land while also improving biodiversity and mainting a mosaic landscape. The income earned through the scheme has allowed him to expand and purchase two neighbouring properties. Mr Yench also
manages the risk of fire and feral goats in these forests while continuing to graze sheep on these blocks during dry times. The benefits of the project have flowed beyond the farm gate and are supporting local businesses; an outcome shared by Mr Yench:
“ I believe that by using carbon income to improve the landscape and employ local people that this project benefits more than just me and my family.”
CC
146D
.051
6
Photo: (top) © Copyright Nick Rains, (right) © Copyright the Department of the Environment
© Commonwealth of Australia, 2016.
This fact sheet is licensed by Commonwealth of Australia under a Creative Commons Attribution 4.0 International licence.
The views and opinions expressed in this publication are those of the authors and do not necessarily reflect those of the Australian Government or the Minister for the Environment.
