Indigenous Australians are encouraged to start carbon farming projects, with funding available.
Under the Australian Government’s Indigenous Carbon Farming Fund Capacity Building and Business Support stream the government will assist indigenous Australians to access carbon farming specialists, business development expertise and legal advice for their carbon farming projects.
These projects are a win-win, providing further employment opportunities in indigenous communities and helping the environment.
The fund will provide $22.3m over five years to assist Aboriginal and Torres Strait Islander people to participate in the Carbon Farming Initiative.
The Carbon Farming Initiative (CFI) allows farmers, indigenous landholders and land managers to earn carbon credits by storing carbon or reducing greenhouse gas emissions on the land. These credits can then be sold to people and businesses wishing to offset their emissions.
It is a carbon offsets scheme that is part of Australia’s carbon market and helps the environment by encouraging sustainable farming and providing a source of funding for landscape restoration projects.
Farmers, indigenous landholders and land managers can choose whether they wish to participate in the CFI and types of indigenous carbon farming projects include early season savannah burning and environmental plantings.