Private Forests Tasmania is leading a $600,000 co-investment program to reduce emissions by supporting farmers to plant and grow commercial trees on their private properties in Tasmania.
Tasmania seeks to achieve significant emissions reductions out to 2050 by increasing the plantation estate and expansion of agroforestry plantings over the next 10 years.
This program will support successful applicants with upfront establishment costs to enable them to grow trees on farms.
Additional benefits of the program include improved farm productivity, water quality and biodiversity.
An assessment panel comprising representatives with forestry and agricultural expertise will competitively assess each application against the program objectives and assessment criteria.
PFT Chief Executive Officer Dr Elizabeth Pietrzykowski encouraged landowners to seize the opportunity to advance their farm forestry opportunities.
“PFT has been provided with $600,000 to deliver the program with the maximum amount a grant recipient can receive is $2500 per hectare.”
Expressions of interest are now open and close at 5 pm on 1 March 2024.
To apply and view the full program guidelines, visit www.pft.tas.gov.au/stems-for-co2-funds-for-farm-forestry.
Alternatively, interested landowners can call Private Forests Tasmania’s Helpline on 1300 661 009 or email admin@pft.tas.gov.au
