South Pole's new EcoAustralia credit supports local biodiversity and tackles global carbon emissions
South Pole has launched a new product to support the regeneration and preservation of Australia's biodiversity. EcoAustralia combines Australian government-endorsed biodiversity credits with international carbon credits, giving organisations the opportunity to compensate their carbon emissions and contribute to the regeneration and preservation of Australia's most vulnerable ecosystems.
This new offering is the result of a partnership with Cassina Environmental, an organisation whose mission is to protect, restore and regenerate native areas and ecosystems in Australia, more specifically in Victoria. EcoAustralia will support a selection of biodiversity projects under Cassinia, offering a new globally relevant offset option that has a tangible local impact.
EcoAustralia currently supports two project areas in central and southern Victoria:
The Lavers Hill projectand the Myamyn project both contain important native biodiversity and protected from clearing, degradation and pests under this initiative.
"EcoAustralia allows us to connect companies with projects delivering real impacts here in Australia," says Jay van Rijn, Senior Key Account Manager for South Pole. "This product is tailored to the needs of Australian business and delivers measurable conservation outcomes for Australia's unique biodiversity. We are looking forward to providing this solution to the Australian carbon market."
EcoAustralia credits have already been purchased by several businesses including Melbourne Airport to support their sustainability initiatives. Melbourne Airport Executive General Manager Corporate Services, Lisa Evans, says the airport was pleased to implement EcoAustralia's carbon offset package: "The EcoAustralia offset package provides Melbourne Airport with the opportunity to support Victorian biodiversity assets, and contribute to the global effort to reduce carbon emissions. We proudly offset our staff travel and vehicle fleet every year and look forward to continuing that with South Pole."
The EcoAustralia credits are international and can be used across the compliance and voluntary market including the Australian Government's National Carbon Offset Standard (NCOS) (now the Climate Active Program). For more information about the product, visit the South Pole Australia website.
Read the press release here.
Learn more about South Pole's EcoAustralia credits here.