The Western Australian Government has become a ‘Code Partner’ of the Carbon Farming Industry Forum in Cairns, Queensland, enhancing WA’s reputation in the emerging carbon market.
Government Code Partners are committed to upholding integrity, consumer protection and accountability in the carbon market and providing sound foundations for the future of the growing industry.
Minister for Agriculture and Food, Jackie Jarvis said the voluntary Code of Conduct, administered by the Carbon Market Institute, was backed by compliance, audit and investigative powers.
“WA joins Queensland and NSW as Code Partners, alongside a host of carbon services signatories, including project developers, agents, aggregators and advisers,” Ms Jarvis said.
“Government support for carbon farming includes a $15 million allocation to the WA Carbon Farming and Land Restoration Program, which is helping farmers to sequester carbon, generating carbon offsets and improving business resilience, while creating environmental, economic and social co-benefits.”
She said the work was now underlined by the State signing up to the Australian Carbon Industry Code of Conduct.
“It demonstrates WA’s commitment to professional and ethical business best practice, as we work together to realise the potential of this emerging industry,” Ms Jarvis said.
“We want local communities, Aboriginal stakeholders, farmers and industry to all share in the benefits to be gained from carbon farming initiatives.”