Emissions Reduction Fund
About the Emissions Reduction Fund in Queensland
The Emissions Reduction Fund (ERF) was established by the Australian Government in 2014 as part of the climate change policy.
In Queensland, the ERF provides a range of sectors (e.g. agriculture, land management, vegetation management, energy efficiency, mining, oil and gas, transport) with the opportunity to receive an additional source of income by doing projects that reduce greenhouse gas emissions.
Landholders and business operators are able to use the ERF to earn carbon credits by storing carbon or reducing greenhouse gas emissions from their land or activity. These credits can then be sold to people and businesses who want to offset their emissions through a secondary market.
Opportunities for Queensland landholders
Rural landholders in Queensland are able to take advantage of the ERF, given the capacity of large rural properties to store carbon in vegetation.
The ERF can provide Queensland landholders with an opportunity to earn an alternative source of income through the management of native vegetation. Doing this will also assist in reducing Australia’s carbon emissions by not clearing and/or allowing forests to regrow.
Queensland landholders have successfully received this funding through land sector projects (e.g. managing regrowth regeneration, savannah burning).
To be eligible to participate in the ERF, applicants must:
- be registered with the Clean Energy Regulator
- use an approved methodology
- participate in an auction process.
Read more about vegetation management and the ERF.
Completing projects on state land
The State owns the carbon rights in vegetation on state land. For proposed projects on state land to be eligible, the ERF requires the applicant to seek consent from the Minister administering state land.
Read more about how to gain consent for carbon rights on state land.
Regrowth benefits interactive map
Online tools can help landholders learn about the benefits from native forest regrowth and make informed decisions about participating in the ERF.
The regrowth benefits interactive map provides information about:
- carbon abatement potential for specific sites
- threatened species
- biodiversity benefits
- key regulations that apply in the area of interest.
Refer to the interactive map user guide for explanation of the functions of the regrowth benefits tool.
Use the PDF reporting function to obtain copies of maps and other information by email.
- Read more about the Emissions Reduction Fund.
- Read more about the benefits through carbon credits.
- Read more about vegetation management and the ERF.
- Learn more about managing regrowth of particular vegetation groups to increase biodiversity value or carbon abatement potential.
- Download and use the Full Carbon Accounting Model (FullCAM), a calculation engine which supports the estimation of carbon stock change on forest and agricultural systems.