--- title: Audit requirements cut for low-risk plantation projects date: 2024-09-02T13:50:00+10:00 author: Private Forests Tasmania canonical_url: "https://pft.tas.gov.au/news/audit-requirements-cut-for-low-risk-plantation-projects" section: News --- 1. [Private Forests Tasmania](/) 2. Audit requirements cut for low-risk plantation projects ![Audit requirements cut for low-risk plantation projects](https://pft.tas.gov.au/volumes/images/News/2024/_1335x600_crop_center-center_70_none/140847/TreesInLandscape_lscape_IMG_5968_2024-09-02-034735_fhko.jpg) # Audit requirements cut for low-risk plantation projects Posted 02 September 2024 [Economic benefits and markets](https://pft.tas.gov.au/news/category/economic-benefits-and-markets) [Carbon benefits](https://pft.tas.gov.au/news/category/carbon-benefits) --- The audit requirements for low-risk plantation forestry projects in the Australian Carbon Credit Unit (ACCU) Scheme have been reduced to one scheduled audit. This aligns with the Clean Energy Regulator’s risk-based approach to manage compliance. It ensures that audits are targeted to situations where they can provide the greatest value in supporting the integrity of the Australian Carbon Credit Unit (ACCU) Scheme. Low-risk plantation forestry projects that opt-in are instead subject to alternative assurance arrangements. These arrangements reduce administrative burden and incentivise scheme participation by lowering costs. Private Forests Tasmania [made a submission ](https://pft.tas.gov.au/submissions-and-correspondence)in early 2024 in support of the change, which could potentially save eligible plantation forestry projects tens of thousands of dollars in audit costs. ## **Eligibility** The project must: - be covered by either or both Schedule 1 (new plantations) and Schedule 2 (conversion of short to long rotation plantation forests) of the [2022 plantation forestry method](https://cer.gov.au/schemes/australian-carbon-credit-unit-scheme/accu-scheme-methods/plantation-forestry-method "Plantation forestry method") - have an anticipated and reported carbon estimation area of no more than 200 hectares - agree to be subject to geospatial monitoring and other compliance checks by the Clean Energy Regulator. Existing and new projects are both eligible for the new arrangements. Eligible projects registered under the 2017 plantation forestry method must vary to the 2022 method to apply for alternative assurance arrangements. ## **Maintaining integrity** Approved low-risk plantation forestry projects undertake an initial audit only. Primarily, this ensures the project follows the method and checks that the calculation tool, FullCAM, is calibrated correctly. To support the reduced number of audits, the Clean Energy Regulator will use geospatial tools and other measures, including site visits and inspections, to verify carbon abatement is being achieved. The Clean Energy Regulator said it has a high degree of confidence in using these tools to monitor the integrity of these projects because a plantation: - is readily observable - is planted uniformly - typically, consists of one species. Participants will be able to opt-in to the alternative assurance arrangements for eligible projects through the Clean Energy Regulator's website soon. #### Share this Article - [Facebook](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fpft.tas.gov.au%2Fnews%2Faudit-requirements-cut-for-low-risk-plantation-projects.md) - [Twitter](https://twitter.com/intent/tweet?url=https%3A%2F%2Fpft.tas.gov.au%2Fnews%2Faudit-requirements-cut-for-low-risk-plantation-projects.md) - Instagram #### Latest Articles - [ ![Small-scale forestry delivers big returns for Wilmot farmer](https://pft.tas.gov.au/volumes/images/News/2026/_100x100_crop_center-center_70_none/153911/DSCF2115.jpg) 04 November 2026 #### Small-scale forestry delivers big returns for Wilmot farmer ](https://pft.tas.gov.au/news/small-scale-forestry-delivers-big-returns-for-wilmot-farmer) - [ ![Forest practices supervisors continue their learning in latest Forest Practices Authority training course](https://pft.tas.gov.au/volumes/images/_100x100_crop_center-center_70_none/Image-9.jpg) 22 September 2026 #### Forest practices supervisors continue their learning in latest Forest Practices Authority training course ](https://pft.tas.gov.au/news/forest-practices-supervisors-continue-their-learning-in-latest-forest-practices-authority-training-course) - 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[PFT's 2021-22 Annual Report now available to review](https://pft.tas.gov.au/news/pfts-annual-report-now-available) - [Tasmanian Institute of Agriculture work placement a success](https://pft.tas.gov.au/news/tasmanian-institute-of-agriculture-work-placement) July - [ActivAcre carbon credit program heralds a new era in Tasmanian agroforestry](https://pft.tas.gov.au/news/media-release-activacre-program-heralds-a-new-era-in-tasmanian-agroforestry) June - [Formosa Estate virtual reality video - Shelterbelts increase pasture growth](https://pft.tas.gov.au/news/formosa-estate-virtual-reality-video-shelterbelts-increase-pasture-growth) - [The Back Run demonstrate how integrating trees on farms can be done](https://pft.tas.gov.au/news/the-back-run-integrated-farm-forestry-demonstration-site-progress) - [Private Forests Tasmania welcomes new director, Dr Joanna Jones](https://pft.tas.gov.au/news/private-forests-tasmania-welcomes-new-director) - [PFT staff reap benefits of 10th National Carbon Farming Conference and Expo](https://pft.tas.gov.au/news/national-carbon-farming-conference-albury) April - [Eight Tasmanian landowners receive funds to integrate trees on farms](https://pft.tas.gov.au/news/more-trees-to-help-protect-the-land-for-future-generations) March - [Contemporary safety measures introduced for Tasmania’s sustainable forestry industry](https://pft.tas.gov.au/news/updating-safety-measures-in-the-forest-industry) 2021 December - [$63m investment brought forward for Bell Bay's Timberlink to increase timber supply](https://pft.tas.gov.au/news/63m-investment-brought-forward-for-bell-bay) - [PFT welcomes $500,000 funding from federal government to assist farm forestry](https://pft.tas.gov.au/news/pft-welcomes-500-000-funding-from-federal-government-to-assist-farm-forestry) November - [National recognition for Tasmanian forestry and timber campaigns](https://pft.tas.gov.au/news/national-recognition-for-forestry-and-timber-campaigns) - [Family planting trees and improving their farmland to benefit future generations at Westerway](https://pft.tas.gov.au/news/family-planting-trees-and-improving-their-farmland-to-benefit-future-generations) - [Economic return on strategically planting trees on farms is obvious for Greenhythe](https://pft.tas.gov.au/news/economic-return-on-strategically-planting-trees-on-farms-is-obvious) October - [How planting trees on Fulham Farm will benefit future generations to come](https://pft.tas.gov.au/news/how-planting-trees-on-fulham-farm-will-benefit-future-generations-to-come) - [Lamb survivability, generations to benefit from trees on Evandale farm](https://pft.tas.gov.au/news/lambs-generations-to-benefit-from-trees) September - [The Gunninghams show how to plant trees for shelter, biodiversity and aesthetics](https://pft.tas.gov.au/news/planting-trees-for-shelter-biodiversity-and-aesthetics) - [North-West farmer named Tasmanian Tree Farmer of the Year](https://pft.tas.gov.au/news/north-west-farmer-named-tasmanian-tree-farmer-of-the-year) - [2021 Tasmanian Timber Awards recognise state's leading stars](https://pft.tas.gov.au/news/tasmanian-timber-awards-2021-run-and-won) August - [Why trees are integral to Gunningham Farm's future](https://pft.tas.gov.au/news/why-trees-are-integral-to-this-farms-future) July - [Check out the Tasmanian nursery that's helping grow the future for farmers](https://pft.tas.gov.au/news/the-tasmanian-nursery-thats-helping-grow-the-future-for-farmers) June - [Expert Q&A series: Hear from Climate Friendly's Zoe Ryan](https://pft.tas.gov.au/news/tree-alliance-expert-q-a-series-zoe-ryan-climate-friendly) - [Expert Q&A series: Hear from Technical Forest Services' Justin Baily](https://pft.tas.gov.au/news/tree-alliance-expert-q-a-series-justin-baily) May - [Strategic alliance announced to improve agricultural production on marginal farming land](https://pft.tas.gov.au/news/strategic-alliance-announced-to-improve-agricultural-production-on-marginal-farming-land) April - [Australian Pine Log Price Index Report released](https://pft.tas.gov.au/news/australian-pine-log-price-index-report-released) - [Woodlot harvesting videos - How to market and harvest woodlot for profit](https://pft.tas.gov.au/news/woodlot-harvesting-videos-how-to-market-and-harvest-woodlot-for-profit) - [Trial of early forest fire detection technology decreases response times and increases safety](https://pft.tas.gov.au/news/trial-of-early-forest-fire-detection-technology-decreases-response-times-and-increases-safety) March - [Reshaping forest management in Australia to provide nature-based solutions to global challenges](https://pft.tas.gov.au/news/reshaping-forest-management-in-australia-to-provide-nature-based-solutions-to-global-challenges) - [General Biosecurity Duty introduced in Tasmania](https://pft.tas.gov.au/news/general-biosecurity-duty-introduced) February - [Trees: The ultimate renewable according to statistics](https://pft.tas.gov.au/news/trees-the-ultimate-renewable) - [News NSFP will increase Southwood production in Tasmania welcomed](https://pft.tas.gov.au/news/nsfp-to-increase-southwood-production) 2020 December - [Evandale farm maximising productivity and custodianship through trees](https://pft.tas.gov.au/news/evandale-farm-maximising-productivity-and-custodianship-through-trees) November - [Bushfire - why risk it? Develop a five-minute plan for your property now](https://pft.tas.gov.au/news/bushfire-why-risk-it) - [Planting trees helps this Coal River Valley winery maintain its sustainable farming methods](https://pft.tas.gov.au/news/planting-trees-helps-this-coal-river-valley-winery-maintain-its-sustainable-farming-methods) October - [Tasmanian primary producers, environment and industry to benefit from trees on farms](https://pft.tas.gov.au/news/tasmanian-primary-producers-environment-and-industry-to-benefit-from-trees-on-farms) - [Why farmers should plant trees now, and manage them for the mass timber buildings of the future](https://pft.tas.gov.au/news/why-farmers-should-plant-trees-now-and-manage-them-for-the-mass-timber-buildings-of-the-future) - [Private Forests Tasmania welcomes agriforester Molly Marshall](https://pft.tas.gov.au/news/private-forests-tasmania-welcomes-molly-marshall-to-our-team) September - [Australia's forests and forestry glossary launched](https://pft.tas.gov.au/news/australias-forests-and-forestry-glossary-launched) August - [The time to plant trees is now, global timber demand expected to quadruple by 2050](https://pft.tas.gov.au/news/there-has-never-been-a-better-time-to-plant-trees) June - [Study underway to improve durability to enhance the value of plantation, regrowth and regenerated eucalyptus](https://pft.tas.gov.au/news/improving-durability-to-enhance-the-value-of-plantation-regrowth-and-regenerated-eucalyptus) - [Understand how trees improve the carbon balance - carbon investing improves your ROI from trees](https://pft.tas.gov.au/news/understand-how-trees-improve-the-carbon-balance-carbon-investing-improves-your-roi-from-trees) May - [Developing glulam from fibre-managed plantation Eucalyptus nitens](https://pft.tas.gov.au/news/developing-glulam-from-fibre-managed-plantation-eucalyptus-nitens) - [Looking to improve water quality on your property? Plant more trees](https://pft.tas.gov.au/news/looking-to-improve-water-quality-plant-more-trees) [ ![Primed for Growth: A situation analysis of the Tasmanian Forest and Wood Products Sector]() #### Prev post ### Primed for Growth: A situation analysis of the Tasmanian Forest and Wood Products Sector ](https://pft.tas.gov.au/news/primed-for-growth-a-situation-analysis-of-the-tasmanian-forest-and-wood-products-sector) [ #### Next post ### Guidance and support for landowners after damaging winds ![Guidance and support for landowners after damaging winds]() ](https://pft.tas.gov.au/news/advice-for-storm-and-gale-force-wind-affected-areas)