Continue to support the growth and development of the Territory’s carbon market industry and promote Aboriginal jobs on country
The Northern Territory (NT) has a well established history with developing and promoting the carbon industry, with a number of globally recognised ground breaking projects originating in the Territory through the collaboration of industry, government and Aboriginal Traditional Owners.
The carbon industry provides an opportunity to demonstrate emissions reductions and create carbon credits that can then be bought and sold through an established market. The carbon credits can be used as a carbon offset by a proponent for greenhouse gas emissions arising from their development project. The carbon industry is also essential for the Territory in being able to achieve net zero emissions.
From mid 2020