Two of Australia’s leading environmental project developers have joined forces to give landholders in the Great Barrier Reef catchments and the Murray-Darling Basin access to multiple income streams from a single property.
AgriProve, Australia’s leading soil carbon project developer, and Verterra Ecological Engineering, the team behind the DROVER Land Management platform have formalised a strategic partnership to deliver stacked natural capital projects to Australian grazing enterprises.
The partnership combines AgriProve’s HORIZON soil measurement platform with Verterra’s DROVER ground cover and water quality analytics system. Together, the two platforms enable a single property to participate in soil carbon markets and water quality credit schemes simultaneously, building multiple income streams from the same land management improvements.
Verterra and AgriProve are seeking commercial grazing operations across two priority regions to trial stacking of soil carbon and water quality projects. Graziers from Queensland Reef Catchments and the Murray-Darling Basin are encouraged to apply, with no cost or obligation at the expression of interest stage.
What stacking means for graziers
Soil carbon projects reward graziers for building carbon in their soils by generating Australian Carbon Credit Units (ACCUs) under the ACCU Scheme. ENVOMARK water quality credit schemes reward landholders for measurable improvements in ground cover and resulting reductions in sediment runoff.
The land management practices that underpin both are closely aligned: improved ground cover, better grazing pressure management, and healthier, more productive land. The partnership between AgriProve and Verterra means graziers no longer need to choose between soil carbon or water quality, or navigate both systems independently.
In Great Barrier Reef catchments, ENVOMARK Reef Credits represent measured, quantified and verified environmental outcomes achieved, and provide the water quality mechanism, rewarding landholders for ground cover improvements that directly reduce sediment loads flowing to the Reef.
In the Murray-Darling Basin, the ENVOMARK assured Australasian Catchment Water Improvement Standard (ACWIS) provides the equivalent water quality mechanism. ACWIS launched nationally in November 2025, and is administered by Eco-Markets Australia, with Verterra leading the Grazing Land Management (GLM) method for approval under the ENVOMARK Value Nature Framework.
Under the partnership, AgriProve manages the soil carbon project lifecycle from feasibility through to ACCU issuance, while Verterra manages the water quality project from establishment to ENVOMARK credit issuance. The benefit to graziers is a single primary point of contact throughout.
Quote: AgriProve - Kieren Whittock, General Manager
“Everything we do at AgriProve is focused on rewarding landholders who are actively improving the productivity, profitability and sustainability of their operations. Soil carbon is one powerful way to do that, and this partnership with Verterra creates another. Graziers who are building healthier soils and improving ground cover deserve to be rewarded across every dimension of that work, and this stacking opportunity makes that possible. We are excited to be delivering this market opportunity alongside Verterra.”
Quote: Verterra Ecological Engineering - Andrew Yates, Sector Lead Ecosystem Markets
“We are entering a period where agricultural landscapes will be increasingly valued, not just for what they produce, but for how they function. Environmental markets are creating new opportunities for graziers to generate value from improved performance, but long-term success depends on integrated systems that improve soil health, water function, vegetation condition and productivity together. This partnership with AgriProve is an important step towards demonstrating how Australian grazing enterprises can build more resilient and diversified businesses through stacked natural capital outcomes.”
About the stacking trials
The trials are designed to build a real-world evidence base for the productivity and land condition benefits associated with stacked credit market participation. Properties accepted into the pilot will be offered:
Property-specific analysis using the combined HORIZON and DROVER platforms, covering soil carbon potential, ground cover performance, erosion risk, and water quality credit eligibility
A Grazing Land Management plan covering both water quality credit design and soil carbon project readiness
Ongoing technical support from both AgriProve and Verterra throughout the pilot period
Opportunity to participate in case studies, field days, and industry knowledge-sharing activities
Grant funding from Meat and Livestock Australia to cover the setup of a water quality project may be available for eligible landholders.
The pilot is focused on learning and evidence-gathering. Submitting an expression of interest carries no cost and no obligation to register in any credit project. All property data is treated confidentially, and any case study materials require the landholder’s explicit approval before use.
Priority regions
Queensland Reef Catchments - The Fitzroy Basin is the initial priority, extending to the Burnett, Mary, and other Great Barrier Reef catchments.
Murray-Darling Basin - Initial focus within a two-hour radius of Albury, expanding across the broader Murray-Darling Basin as ACWIS project registrations grow.
Register your interest
Graziers interested in understanding what the stacked offering could mean for their property can register an expression of interest at no cost or obligation. Property size, enterprise type, and areas of interest (water quality credits, carbon, or both) are the only details required to get started.
Water quality and stacking enquiries: [email protected] | 07 3221 1102
Soil carbon enquiries: www.agriprove.io | 1300 467 645