The Australian Government’s original Carbon Farming Initiative (CFI) – which commenced in 2011 enabled farmers to earn Australian Carbon Credits Units through carbon farming. The CFI was integrated into the Emissions Reduction Fund with the passage of the Carbon Farming Initiative Amendment Act 2014 on 12 December 2014. Our project logo has been updated to reflect this.
Workshops to increase business skills and knowledge
2015 ERF Business Awareness WorkshopsThe free one-day workshops were held from March to June 2015 in key locations across Western Australia, South Australia, Victoria and New South Wales.
Business education for farm-based businessCarbon farming has the potential to bring additional farm income and other benefits that can enhance the long term sustainability and profitability of your farming enterprise.
Farmers and landowners can receive carbon credits from projects under the Carbon Farming Initiative. Australian carbon credit units have a financial value and once acquired can be sold generating a cash payment.
They are also considered personal property with associated rights for the holder which means that Australian carbon credits can be inherited by future generations as part of your farm’s succession.
Kondinin Group is working with farmers who want to learn about the business opportunities presented by the Carbon Farming Initiative and how their farming enterprise could profit from the scheme.
Depending on your agricultural production, you can consider carbon offsets projects involving sequestration of carbon in soil or trees and vegetation; or, emissions avoidance from agricultural and livestock production.
Workshops will be held in towns across Western Australia, South Australia, Victoria and New South Wales covering economics, legislation and taxation matters in a straightforward business way that will be easy to understand.
A business handbook has been developed by Kondinin Group that explains everything you need to know about the business case for carbon farming in a simple format. It’s free when you attend.
Who should attend?
- Farm management advisers
- Rural bankers and financial advisors
- Legal, accounting, taxation and other professional advisers to agricultural businesses
- Project developers looking to work with farmers in a carbon offsets project
The workshop is free of charge.
You will receive a handbook and other materials specifically developed to support the workshop program. Morning tea and lunch are provided. Travel to workshops, parking and accommodation costs are at participants’ own expense.
Seek advice about financial products specific to your circumstances: since 1 July 2012, Australian carbon credits units (ACCU’s) have been deemed financial products under the Corporations Act 2001.
These workshops present business topics that cover content about ACCU’s in an educational context. The information is not a substitute for professional advice and is not intended to influence decisions in relation to ACCUs, such as financial returns; whether or not to buy, sell or hold ACCUs; strategies or transaction terms for dealing in ACCU’s; or, the outlook for, or forecast of ACCU prices.
When engaging with a CFI adviser, project developer or service provider, you should always seek independent financial advice from a qualified person who holds an Australian Financial Services (AFS) license by the Australian Securities and Investments Commission (ASIC). See www.asic.gov.au/ carbon for more information on regulation of ACCUs and persons providing financial advice.