The Australian Carbon Farming Industry Roadmap identifies a clear path forward for both government and the private sector to work together, addressing opportunities and challenges for the industry’s growth out to 2030.

Australia’s carbon farming industry is well positioned to make a significant contribution to our national emissions reduction challenge. This rapidly evolving industry has the potential to deliver important environmental outcomes, help to increase agricultural productivity, and open up new markets – generating important new job and revenue opportunities for rural and regional Australia.

Our 2030 Vision

The Carbon Farming Industry Roadmap envisions a vibrant domestic carbon farming industry that contributes significantly to Australia’s economy, community and climate repair. By 2030 the sector will:

  • create jobs and revenue for regional communities;
  • contribute significantly to Australia’s net-zero emissions trajectory; and
  • enable a range environmental, social and cultural benefits.

Four Pillars for Industry Developnment

Pillar 1: Optimising Policy Frameworks & Market Design

Federal, state, territory and local governments have a critical role to play in optimising the policy frameworks and market design to scale up investment in the land sector. Investors require policy conditions and market frameworks that are stable, long-term, and allow for financial returns at scale.

Pillar 2: Unlocking Finance & Investment

Australia’s land sector needs to become a stable and investible environment, in order to unlock large volumes of private sector finance and investment. Financial organisations and heavy-emitting industries need to have confidence in the sector, with strong capabilities and understanding of what the investment opportunities are.

Pillar 3: Co-Benefits & Creating New Markets

Carbon farming projects in the land sector hold specific strategic importance due to the co-benefits that can be delivered from a single project. Having robust and transparent quantifiable metrics for co-benefits, is important for attracting new investment into the sector, as well as incentivising participation due to wider understanding and access to co-benefits from carbon farming projects.

Pillar 4: Communicating Benefits & Building Capacity

Building capacity to participate in carbon farming projects among the agricultural sector, financial services, Indigenous and regional communities is critical for the growth of the industry. It is important there is better communication around the opportunities for participating in carbon farming, building greater trust and alignment with traditional agricultural industries and Indigenous communities.