Carbon farming involves managing land in ways that reduce greenhouse gas emissions or remove carbon dioxide from the atmosphere. Eligible activities can generate Australian Carbon Credit Units (ACCUs), creating potential income while supporting sustainable land management.

Soil carbon refers to the carbon stored in organic matter within the soil. Practices such as pasture improvement, reduced tillage and strategic grazing may increase soil carbon levels, improving soil health, water retention and productivity while contributing to climate mitigation.

Revegetation projects involve planting or regenerating native vegetation to restore landscapes, improve habitat and capture carbon. These projects can deliver environmental benefits while potentially accessing carbon and biodiversity market opportunities.

The Nature Repair Market is an Australian Government initiative that encourages investment in environmental improvement projects. Landholders may be able to earn tradeable biodiversity certificates for activities that protect, manage or restore native ecosystems.

Biodiversity credits are an emerging market mechanism that recognises actions that improve or protect biodiversity. Credits can provide an incentive for landholders to conserve native vegetation, create habitat corridors and enhance ecosystem health.

Biomass opportunities involve using plant material and organic matter for products, energy generation or carbon storage. In the Wheatbelt, biomass may offer additional income streams while supporting sustainable land and vegetation management.

Environmental market projects can provide benefits beyond carbon or biodiversity outcomes. These co-benefits may include improve soil health, increased farm resilience, better water management, enhance wildlife habitat, and stronger community and economic outcomes.

Environmental market projects can involve long-term commitments, changing market conditions, upfront costs and regulatory requirements. It is important for landholders to understand both the opportunities and obligations before participating and to seek independent advice where appropriate.