ARTICLE · 29 NOVEMBER 2010

Carbon Farming Initiative

Norton Rose Fulbright Australia

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On 22 November, the Government formally released its Consultation Paper on the design of the Carbon Farming Initiative (CFI). Norton Rose Australia attended the key stakeholders’ briefing on the CFI in Canberra on Friday 19 November 2010 and we provide this update on the Consultation Paper and the details provided at this briefing.

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Introduction

On 22 November, the Government formally released its Consultation Paper on the design of the Carbon Farming Initiative (CFI). Norton Rose Australia attended the key stakeholders' briefing on the CFI in Canberra on Friday 19 November 2010 and we provide this update on the Consultation Paper and the details provided at this briefing.

What is the Carbon Farming Initiative?

The CFI was an election commitment made by Prime Minister Julia Gillard on 14 August 2010. The Initiative is intended to give farmers, forest growers and landholders access to domestic voluntary and international carbon markets, through a mechanism to credit carbon abatement activities in the land sector.

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