Cradle Coast NRM is undertaking an on-farm natural capital accounting demonstration in partnership with the Tasmanian Institute of Agriculture (TIA) and supported by Fonterra and Dairy Tasmania.
Funded by the Australian Government, Cradle Coast has completed the baseline assessment of soil and vegetation condition and are now undertaking practical actions to improve environmental condition through to early 2028. At the culmination of these works the farm’s natural capital will be reassessed through the AFN framework in preparation for registration and certification.
The project provides a practical model for farmers to integrate improved natural capital management into their operations and supports the identification of market opportunities, such as biodiversity and carbon credits, to create new revenue streams for farmers.
