Latest Industry Snapshot
- 34 Indigenous-owned and operated savanna fire management (SFM) projects
- Although only 34 out of 82 active SFM projects are Indigenous, Indigenous projects account for 70% of the area registered under the SFM methods, and 74% of carbon credits produced by the savanna fire emissions avoidance method are generated by Indigenous carbon businesses*
- Enabling improved Indigenous fire management to almost 24 million ha of north Australian savanna
- Abating around 1.2 million tonnes a year, or 9.8 million tonnes of emissions since 2012**
- 5 Indigenous-owned vegetation (HIR) projects
- 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 $59 million per annum***
This information is an estimate only based on published market information and should not be interpreted as financial advice
* Source: Clean Energy Regulator Project Register, November 1 2024
** Source: Clean Energy Regulator Project Register, April 24 2024
*** Based on current estimated market prices (Source: Market Advisory Group)