AgriProve is a special purpose vehicle established by Corporate Carbon, Australia's largest multi-sector carbon contractor under the Emissions Reduction Fund. We have a range of solutions to facilitate participation in the ERF and are working with many of Australia's leading emissions reduction project developers and owners.
Soil organic carbon is directly related to agricultural productivity - the higher the soil carbon levels, the greater the productivity. This is a function of soil carbon improving water holding capacity and nutrient availability for soils, in addition to improving conditions for soil biological activity. There are a number of active management practices that can build soil organic carbon levels and farmers can get paid for the soil carbon levels they build.
The Emissions Reduction Fund (ERF) is the Australian Government's mechanism for purchasing carbon abatement, in the form Australian Carbon Credit Units (ACCUs) from carbon projects. Soil carbon projects can register under the Measurement of Soil Carbon Sequestration in Agricultural Systems. This is a measurement-based methodology where any agricultural operation can implement new activities to build soil carbon and receive carbon credits for the measured increases in soil carbon.
There are essentially five steps to running a soil carbon project:
We fast track project registration by initially registering projects in our name and transferring the registration at a later date, reducing upfront paper work and providing flexibility for farmers. To get started our Expression of Interest and Consent form needs signing by all landholders on project property titles. This form also acts as a management record of past activity.
The EoI and Consent gives us 18 months exclusivity and the legal right to register and operate the project for ERF purposes. However, it is conditional reaching of commercial terms to purchase carbon credits.
The main commitment is maintaining the land in an agricultural system for 25 years after first credit issuance. There is a 20 per cent discount of carbon credits issued, however this is seen as a preferable to a hundred year obligation.
Soilkee provides a combined cultivation, aeration and multi-species seeding solution to improving grazing systems. It works through activating a number of virtuous cycles:
The advantage of Soilkee is that it provides a programmable 'treatment' program for farmers to follow with measurable results. Furthermore, growing additional feed has benefits for any farming systems operating under a certification program such as organic or biodynamic in that it removes the risk of requiring additional off-farm inputs that also need to be certified.
Soilkee agronomic features are well documented in the West Gippsland Catchment Management Authority soil pasture demonstration involving Soilkee, pasture aeration and a control site. (see www.wgcma.vic.gov.au/for-landholders/gippsland-soil-trials. The results show exceptional performance in dry matter yield increases and percentage coverage of perennial rye and clover.
These factors are the basis for Soilkee's improved agricultural productivity.
AgriProve is an authorised reseller of the Soilkee Pasture Renovator. Soilkee machines ordered through AgriProve will receive a $5,000 credit towards the costs of soil sampling under a registered ERF project
DISCLAIMER: Information contained on this site is for general information purposes only. AgriProve is happy to provide further information but does not accept any liability for relying or not acting on this generic advice.
© AgriProve Pty Ltd 2018