A LACK of professional guidance has been blamed for farms and grazing properties with carbon projects being mistakenly discounted in land valuations, research has found.
Research by the Carbon Market Institute, supported by AgriFutures Australia’s Carbon Initiative program, has found carbon projects have often been viewed as an encumbrance rather than an asset and property values have been affected as a result.
CMI consultant Greg Noonan said the research involved working with carbon farming supply chain actors to develop a guidance paper around valuations to improve…