Lynch Carbon Project - Photo: Derek Walter
Lynch Carbon Project has generated 641 ACCUs under the ACCU Scheme in 2 years on 156 hectares with 800mm annual average rainfall.
It is the first soil carbon project in South Australia to be issued ACCUs and go through AgriProve’s Carbon Intensity Assessment. This assessment shows landholders the Walter family have successfully sequestered more carbon than they emitted for each year of their carbon farming project, proving they are beyond net-zero carbon intensity.
AgriProve has 59 projects with measured increases in soil carbon also in line for ACCU issuance under the 2021 methodology.
17 June 2024: Koolah Angus Beef, a family grazing enterprise that forms the Lynch Carbon Project, has generated 641 Australian carbon credit units (ACCUs) under the ACCU Scheme in a 2 year period with Australia’s leading carbon soiltech developer, AgriProve.
The Lynch Carbon Project is the first South Australian agribusiness to successfully undergo AgriProve’s Carbon Intensity Assessment program. This shows landholders Vic and Helen Walter, with son Derek and his wife Sarah, are successfully sequestering more carbon than they are emitting each year for their carbon farming project, proving they are beyond net-zero carbon intensity.
Derek Walter manages the Project which is run on Koolah, a property that has been in the Walter family since 1949. They are running just under 100 breeding cows on 156 hectares after having lowered their stocking rate as a part of their land management strategy. Time managed grazing is used to track paddock rest periods between grazing sessions. The Walters continue to subdivide larger paddocks into smaller ones and cattle are grazed in as large a mob as is practical. A Soilkee renovator was also purchased to support the project.
AgriProve currently has more than 59 measured project increases in soil carbon and continues to work closely with partnering producers and the Clean Energy Regulator to streamline the project crediting process.
AgriProve is the fastest growing carbon soiltech developer in Australia, with an award-winning, data-driven approach already supporting over 700 projects totalling more than 170,000 hectares. AgriProve’s commercial model of soil carbon farming provides built-in regulatory integrity and a streamlined registration process for partnering farmers while removing carbon project risk.
Private sector operators like AgriProve are boosting investment in healthy soils and the technological innovation required for the scaling and evolution of regenerative agriculture required to achieve the Australian federal government’s emission targets for 2030 and beyond.
Quotes attributable to AgriProve Managing Director Matthew Warnken
"The success of the Lynch Carbon Project demonstrates the tremendous potential for regenerative agricultural practices to sequester carbon while boosting farm productivity and profitability. We're proud to partner with innovative landholders like the Walter family who are leading the way."
“This project is the first soil carbon project in South Australia to successfully generate and receive Australian Carbon Credit Units. This achievement demonstrates that AgriProve's proven model can unlock soil carbon opportunities for producers across the country.”
"At AgriProve, our goal is to empower Australian farmers and landholders with choices. The Lynch Carbon Project showcases how our program gives producers options - from offsetting upfront costs to choosing whether they sell, hold or retire the earned carbon credits. We're removing barriers and enabling landholders across the country to participate in soil carbon projects on their own terms through a model that prioritises flexibility and financial upside."
"Koolah Angus Beef's success story highlights the win-win-win potential of soil carbon - benefiting farmers' bottom lines, regenerating landscapes, and mitigating climate change impacts. We look forward to supporting many more producers on this journey."
Quotes attributable to Lynch Carbon Project landholder Derek Walter
“We chose to partner with AgriProve for the carbon project as the ability to offset our upfront costs removed the cost barrier for us, particularly as we had no guarantee on the ability of our soil to sequester carbon at all.”
“Regenerative agriculture isn’t a matter of removing management, it’s about improving our management of the natural resources we have by taking positive action, and not depleting the carbon reserves in our soils. Weeds are indicators of the physical and chemical changes taking place in the soil, and the composition of our pastures has changed significantly since starting the carbon project. We used to spend a lot of our time spraying and managing weed burden on the farm. Since switching to a regenerative agriculture model this is less of a problem for us now.”
“Farming has always been a team effort, and we need everyone to work together because the more data we can collect, the better we can analyse it for positive agricultural outcomes.”
“For farmers, getting into carbon credits requires knowledge and accounting of something we’re not yet experts in. When it came to assistance with banks and other stakeholders AgriProve’s support was really important for us – they knew the answers to the questions being asked. While we were waiting for the credits to be issued we knew AgriProve were doing the work to make it happen.”
Media contact: Daniel Wortmann 0448 187 650 [email protected]