Carbon Farming Initiative
The Carbon Farming Initiative (CFI) allows farmers 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.
The CFI also helps the environment by encouraging sustainable farming and providing a source of funding for landscape restoration projects.
Participation in the CFI is voluntary; farmers and landholders can choose whether or not to be involved.
The CFI is a carbon offsets scheme that is part of Australia's carbon market. Legislation to underpin the CFI was passed by Parliament on 23 August 2011. On 15 September 2011 the Carbon Credits (Carbon Farming Initiative) 2011 (CFI Act) received royal assent. Regulations to underpin the operation of the CFI, the ANREU and to amend the NGER Regulations to allow CFI audits came into force on 8 December 2011.
As part of the Clean Energy Future Plan passed by the Senate on 8 November 2011, the Australian Government has committed to a number of complementary land sector measures.
The CFI scheme has now commenced and is operational
If you are interested in participating and would like to apply please visit the Carbon Farming Initiative Administrator website for the forms and further information on how to apply.
The Department of Climate Change and Energy Efficiency is responsible for the assessment of eligible and excluded activities for the CFI, the development of government methodologies for the CFI, and the secretariat for the Domestic Offset Integrity Committee. Further information on these is available by clicking on the links below;