This report assesses two methods for predicting above-ground carbon storage of plantations in the low-medium rainfall areas of New South Wales (NSW), namely the Carbon Sequestration Predictor and the National Carbon Accounting Toolbox. It is a technical companion document to the RIRDC report ‘Carbon trading and Catchment Management Authorities: Realising the revenue potential of environmental plantings under the New South Wales carbon market.’
The two companion documents report results of a project undertaken to establish the feasibility of including environmental plantings in the NSW Greenhouse Gas Abatement Scheme (GGAS) carbon market, with a view to determining whether Catchment Management Authorities (CMAs) could become accredited as carbon pool managers and generate additional revenue to support their revegetation programs.
The report is intended for use by CMAs, relevant government policy-makers and regulators, as well as by other institutions that may be considering accreditation under GGAS or the like.