Criteria for eligible projects
Following an announcement of in-principle support for pilot sequestration offset projects by the WA Government in April, 15 pastoral lessees, predominantly across the Mid-West, Gascoyne and Goldfields regions, went on to successfully compete in the national auction.
The criteria for eligible projects for which the WA Government will provide in-principle support:
- the project is conducted on an existing pastoral lease
- the project proponent is the pastoral lessee and not a third party
- the project will use grazing management techniques and the human-induced regeneration project methodology is applied
- the permanence period of the project is 25 years.
Note: Please contact Tym Duncanson (see at bottom of this page) for information on applying for in-principle support.
The WA Government promotes coexistence of the mining and pastoral sectors, and reserves the right to recieve a return. Existing mineral and petroleum interests and the prospectivity of project areas are assessed and considered prior to state government consent being provided. Proponents accept that the state government does not support compensation associated with loss of carbon production resulting from exploration and other low impact activities conducted by the resource sector, and agree to modify project governance structures should the state government consider current structures do not meet its expectations.
The in-principle support for eligible projects from the Minister for Lands will allow pastoralists to register under the Commonwealth’s $2.55 billion Emissions Reduction Fund, and the option to take part in an upcoming Emissions Reduction Fund reverse auction. However, this provision of in-principle support does not amount to the WA Government providing eligible interest holder consent as required under the Emissions Reduction Fund and that consent may or may not be provided at the state government's discretion.
The WA Government will consider projects which meet the above criteria over the next 12 months, in the context of a number of outstanding policy matters. Only after that consideration phase will a final determination be made on whether to provide eligible interest holder consent for these projects.
For further information
Please contact Tym Duncanson at email@example.com or telephone +61 (0)8 6552 1882.