Carbon + Biodiversity Pilot Round 2

Overview

The Agriculture Biodiversity Stewardship’s Carbon + Biodiversity Pilot (the C+B Pilot) is a component of the Australian Government’s Agriculture Stewardship Package. The package will create new market-based mechanisms that reward farmers for improving environmental outcomes on agricultural land. The C+B Pilot is trialling arrangements to reward farmers for improving on-farm biodiversity together with carbon projects under the Emissions Reduction Fund (ERF). The second round of the pilot is being run in six Natural Resource Management (NRM) regions: •  Fitzroy Basin, Queensland; •  Riverina, New South Wales; •  Goulburn-Broken in Victoria; •  NRM South in Tasmania; •  Northern and Yorke in South Australia;  •  South Coast in Western Australia.