General Information

[Q28, Q31]Own Project | Rewards Group Ltd (Manager) is offering a carbon plantation product called the First Australia Carbon Forestry Ltd (Fund). The carbon plantations developed by the Fund will be located in the medium rainfall region of southwest Western Australia (Wheat belt).
Each unit/interest in the Fund will equate to one hectare of carbon plantation forest and will sequesterThe uptake and storage of carbon from the atmosphere. For example trees and other plants sequester carbon dioxide from the atmosphere as they grow, through the process of photosynthesis. 480 tonnes of CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. per hectare on average over a 40 year period at the average sequestration rate of 12 tonnes of CO2-eCarbon dioxide equivalent. In order to compare emissions between the six Kyoto Protocol greenhouse gases they have been assigned a global warming potential (GWP) measured in carbon dioxide equivalents to reflect their influence on warming the atmosphere. GWP is a relative scale, where CO2 = 1. The other gases are given a number based on their effect on the atmosphere relative to CO2. For example, methane has a GWP of 21, meaning it has 21 times the amount of heating capacity of CO2. per year. The manufacture of certified carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. will be at cost and the Fund will generate valuable bankable or tradeable certified carbon abatement for Fund unit holders.
The Fund will only acquire Kyoto compliant, cleared freehold land to establish the carbon forests. The carbon sink owned by the Fund will remain in perpetuity. The plantation will not be harvested for timber or other products. Its sole purpose will be to sequester CO2 and generate certified carbon abatement.
Sequestration rates will be achieved by establishing and growing appropriately selected fast growing native tree species. The type of species, species mix and planting rate per hectare has been determined by the Manager upon the advice of MWH Global – the Carbon Yield Expert.
The Fund methodology has Greenhouse FriendlyTM Accreditation issued by the Australian Greenhouse OfficeThe Australian Greenhouse Office has now been incorporated into the Department of Climate Change. at the Department of Climate Change on 22 January 2009. The Fund’s plantation estate will be managed to the Forest Stewardship Certification (FSC) accreditation standard, the highest form of global accreditation for plantation forestry management.

Price per tonne of CO2e [Q30] AU$10 wholesale credits only

Project Type(s) [Q32] - AfforestationThe direct human-induced conversion of land that has not been forested for a period of at least 50 years to forested land through planting, seeding and/or the human-induced promotion of natural seed. / reforestationThe reestablishment of forest on land that was previously forested but converted to another use before 31.12.1989. with Australian native vegetation (as opposed to locally appropriate) - Afforestation / reforestation with multiple locally occurring species of vegetation

Project Location(s) [Q33, Q34]Australia | WA

Project Size (tonnes of CO2e) [Q35] Each unit or interest in the Fund will equate to one (1) hectare of carbon plantation forest. Each unit will sequesterThe uptake and storage of carbon from the atmosphere. For example trees and other plants sequester carbon dioxide from the atmosphere as they grow, through the process of photosynthesis. on average 480 tonnes of CO2A greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.?e per hectare over a period of 40 years at the average sequestration rate of 12 tonnes of CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. per year.

[Q32a]- No, our operations are located on our own land or the land of our partners

Quality

[Q36]- 1 Jul 2011[Q37]- 40 years. The trees will remain in perpetuity.[Q38]- Non accredited forestry offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here.
[Q40]

- Greenhouse FriendlyThe Greenhouse Friendly™The Greenhouse Friendly™ initiative operated between 2001 and 30 June 2010. It certified carbon neutral products and services and approved abatement credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under NCOS and could not be retired for the purpose of becoming carbon neutral under the NCOS from 1 July 2010. This situation may change in future as a result of reviews of the NCOS by DCCEE. initiative operated between 2001 and 30 June 2010. It certified carbon neutralA voluntary mechanism where an activity, event, household, business or organisation is responsible for no net emissions of greenhouse gases and can therefore be declared carbon neutral in that specific area. Carbon neutrality can be achieved by reducing emissions as far as possible (e.g. energy efficiency, purchasing renewable energy) and then purchasing offsets for any residual emissions in order to achieve zero net emissions. products and services and approved abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under NCOSThe Commonwealth Government’s National Carbon Offset Standard (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™ program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutral products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information and could not be retired for the purpose of becoming carbon neutral under the NCOS from 1 July 2010. This situation may change in future as a result of reviews of the NCOS by DCCEECommonwealth Governemnt Department of Climate Change and Energy Efficiency. For more information see http://www.climatechange.gov.au/ . Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider status (methodology only). Abatement to be verified.

[Q41]

- No

[Q42]- The Project will provide other significant ancillary benefits for both the land of the plantations as well as adjacent and surrounding land. Benefits will include: - Dry land salinity mitigation - Soil protection from wind and water erosion - Increased native biodiversity - Increased landscape and habitat diversity - Rural employment opportunities[Q43]- Only forward sold abatement[Q44]- Our organisations internal registry
- No abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. registered at this stage
[Q45]- Credits[Q46]- Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)