- McGowan Government becomes an Australian Carbon Industry Code of Conduct partner to advance carbon farming
- Code to reinforce Western Australia's reputation in the carbon marketplace
The McGowan Government has become a Carbon Industry Code of Conduct partner, enhancing the State's reputation in the emerging carbon market.
Agriculture and Food Minister Jackie Jarvis today announced the Western Australian Government has become a Code Partner at the Carbon Farming Industry Forum in Cairns today.
Government Code Partners are committed to upholding integrity, consumer protection and accountability in the carbon market - providing sound foundations for the future of this growing industry.
The move underpins WA's credibility and leadership in Australia's carbon market.
The voluntary Code of Conduct, administered by the Carbon Market Institute, is backed by compliance, audit and investigative powers.
WA joins the Queensland and New South Wales Governments as Code Partners, alongside a host of carbon services signatories, including project developers, agents, aggregators and advisers.
McGowan Government investments, including the $15 million WA Carbon Farming and Land Restoration Program, are helping farmers to sequester carbon - generating carbon offsets and improving business resilience, while creating environmental, economic and social co-benefits.
As stated by Agriculture and Food Minister Jackie Jarvis:
"Signing up as a government partner to the Australian Carbon Industry Code of Conduct demonstrates WA's commitment to professional and ethical business best practice, as we work together to realise the potential of this emerging industry.
"We want local communities, Aboriginal stakeholders, farmers and industry to all share in the benefits to be gained from carbon farming initiatives.
"The McGowan Government is making significant inroads in this area, with carbon farming projects on pastoral lands delivering more than 2.4 million carbon credits since 2020, as the first WA Carbon Farming and Land Restoration Program projects start to take shape."
