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Latest Industry Snapshot

  • 32 Indigenous-owned and operated savanna fire projects
  • Enabling improved Indigenous fire management over 17.9 million ha of north Australian savanna
  • Abating around 1 million tonnes a year, or 6.1 million tonnes of emissions since 2012*
  • Generating around $95 million in carbon credits units (ACCUs) since 2012**.
  • Around 7% of Australia’s total carbon credit units are produced by Indigenous carbon businesses (across all methods)
  • 73% of carbon credits produced by the savanna fire emissions avoidance method are generated by Indigenous carbon businesses.
  • Indigenous organisations report an increase in their capacity to care for country, culture and communities as a result of their engagement in the carbon industry.
  • Provides hundreds of jobs on country for Indigenous land managers
  • Generating social, cultural and environmental benefits of global significance 
  • Indigenous carbon credits attract a significant premium above the normal market price in recognition of these benefits.
  • Today the Indigenous carbon industry is estimated to be valued at around $25 million per annum***

 

* Source: Clean Energy Regulator Project Register, May 3 2021

** Based on an estimated total average price of $15.41/tonne since 2012, which is the mean of the average Emissions Reduction Fund price ($12.32) and the highest spot price ($18.50).

*** Based on current production at current spot price $18.50/tonne plus 30% premium

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