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Your partner in carbon farming

Glossary

A

Australian Carbon Credit Unit

This is like a bank account for carbon credits. ANREU stands for Australian National Registry for Emissions Units. When your carbon farming project generates verified abatement, carbon credits are issued by the Australian Government into the ANREU Account. These can then be sold or traded to buyers by transferring the carbon credits to their ANREU Account.

B

The history of how your land was managed before you established a carbon project is often referred to as a “baseline”. Baselines are typically a 10 year period.

C

The part of your property that you manage in line with an approved carbon farming method is referred to as a “Carbon Estimation Area” (CEA). The carbon estimation area is an important input when we calculate how much carbon has been stored, or how many emissions have been avoided, as a result of your carbon farming project.
A contract or agreement with a buyer to purchase carbon credits from your carbon farming project.
A contract or agreement with a buyer to purchase carbon credits from your carbon farming project.

E

Emissions Reduction Fund – the $2.55 billion dollar fund established by the Australian Government to purchase carbon credits from carbon farming projects.

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Carbon Farming

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Climate Friendly acknowledges the traditional custodians of the land and waters on which we live and work, and pays our respects to Elders past, present and future for they carry the cultural wisdom, the stories, the traditions and dreaming. With a commitment to reconciliation, we acknowledge the ongoing impact of past policies and practices, and commit our endeavours to creating a just society and sector that celebrates the ongoing resilience and self-determination of our first peoples and communities.
Climate Friendly Pty Ltd (ABN 65 107 201 025; AR No. 433694) is an authorised representative of Climate Friendly Financial Solutions Pty Limited (ABN 91 161 023 276; AFSL 430250).

Your partner in carbon farming

Get in touch today for more information on how you can get involved in Australian carbon farming.