Norton Rose Fulbright Australia today released the Carbon
Farming Initiative (CFI) Legal and Contracts Guide, which is
now available
here.
The Guide has been developed with the support of funding from
the Australian Government, and draws upon our experience advising
on the CFI legislation and working with clients to develop and
implement CFI methodologies and projects. It builds on other
resources released on the CFI, including
our previous legal updates and Implementing the CFI from a
market perspective: a guide for business released by the
Carbon Market Institute and co-authored by Norton Rose Fulbright
and RAMP Carbon (see here).
For those not familiar with the CFI, it is a voluntary carbon
offset scheme which has now been in place for just over two years.
It provides opportunities for the land sector and landfill
operators to generate revenue by creating and selling carbon
credits (known as Australian Carbon Credit Units or ACCUs) from
projects which reduce