We have completed an initial site selection evaluation process over 150 potential blue and teal carbon sites. This involved initial desktop work, analysing satellite and LiDAR data and in-field reconnaissance. We have shortlisted and selected several project sites that have large-scale potential for nature-based solution and/or habitat creation.
 

Project profiles

Location: Northern Australia

Proposed method: Combination of blue, teal and green (ERF, Verra and Gold Standard methodologies)

Project life: Combination of ~100 years (blue carbon projects) and ~25 years (green, teal carbon projects).
 

Project status

• Completed a concept design for the Blue Carbon Institute.
  
   
• Commenced stakeholder engagement with landowners, traditional owners, Land Councils, Local, State/Territory, Federal Government and others.
  
   
• Completed an initial site selection evaluation process for approximately 150 potential blue and teal carbon sites (desktop work and in-field reconnaissance). Shortlisted project sites with large scale and completed pilot project design.
  
   
• Commenced drafting a portfolio of commercial agreements for various stages of project development.
  
   
• Began assembling a consortium required to deliver the projects at scale.
  
   
• Commenced in-field pilot projects as are necessary for carbon credit registration.
  
   
• Commenced the building of a Project Developer and Trading Platform.
  
   
• Started developing a portfolio of carbon offtake agreements and expressions of interest (EOIs) at various stages.
  
   
• Commenced application process for an AFSL & CMS.
  
   
• Commenced recruiting an Australian, Singapore and Indo-Pacific team.
  
   
• Released several work packages to suppliers and contractors.
  
   

Project fact sheets and posters

Project related fact sheets and posters will be available here »
 

Project registration & approvals

Project-related registration and regulatory information will be available here.