Carbon Savings
WA’s forests, especially our wet eucalypts store more carbon than the Amazon or Congo.
Research by the Australian National University has found that ending logging and managing existing native forests for carbon sequestration in the state’s Southwest has the potential to generate 5 million tonnes per year of sequestration, or 60 million carbon credits over ten years. This has the potential to earn up to $438 million per annum in carbon credits.
Protecting High Conservation Value forests in the South-West, investing in joint management of these areas with Traditional Owners, and developing a new a management plan for WA’s native forest estate that unlocks employment opportunities around carbon credits, sustainable tourism, indigenous fire management, honey production and other sustainable industries is recommended.