PPA is excited to share a major milestone for its Wongalee property.
In March 2024, we officially registered the Wongalee Carbon Project under the Australian Government’s Emissions Reduction Fund (ERF), and now, just over a year later, we’ve reached a significant achievement — the first delivery of Australian Carbon Credit Units (ACCUs).
Registered as a Native Forest from Managed Regrowth (NFMR) project, our approach focuses on enabling the natural regeneration of native vegetation ceasing the mechanical clearing of regrowth and managing the grazing pressure. Unlike tree-planting projects, the NFMR methodology works with the landscape’s natural processes, allowing native species to re-establish once clearing has stopped.
Over the life of the 25-year project, we expect to generate approximately 460,000 ACCUs, each representing one tonne of carbon dioxide equivalent stored or avoided. This isn’t just a number — it reflects the real, measurable carbon outcomes our land is now delivering. The first batch of credits is a testament to the work that’s already gone into careful planning, baseline assessments, satellite analysis, and independent verification. It’s the first of many steps, but it’s a big one.
Beyond carbon storage, the project has broader environmental benefits. As native vegetation returns, we’re already seeing improvements in ground cover, soil health, and biodiversity. These outcomes help build long-term drought resilience, support the return of native wildlife, and improve the sustainability of the broader landscape.
It’s a win for sustainable agriculture, and a win for the climate.
By integrating carbon farming into agricultural operations, we’re unlocking new economic opportunities while enhancing the productivity of the property. The revenue from carbon credits helps fund ongoing land and infrastructure improvements, monitoring, and future resilience efforts — ensuring Wongalee continues to improve.
Reaching this first milestone is something we’re proud of, but it’s also just the beginning. Over the coming years, we’ll continue to report on progress and credit deliveries, sharing insights as we go. For us, Wongalee represents more than just a carbon project — it’s a living example of what’s possible when agriculture and carbon combine productively.
