Nationally endangered Superb Parrot
Credit: Allena P Hughes
Leading Asia-Pacific carbon offsetting solutions provider Tasman Environmental Markets (TEM) has partnered with biodiversity credit developer Wilderlands to launch a new environmental impact offering, which blends measurable carbon emissions reduction with local impact on native Australian biodiversity, including protecting the habitat of endangered animals and threatened plant species.
Launching ahead of National Threatened Species Day (September 7), the “Extended Impact” solution combines a one square metre Wilderlands Biological Diversity Unit (BDU) with a certified improved forest management carbon credit from TEM’s April Salumei project in Papua New Guinea. Permanently protecting vulnerable biodiversity in Australia, in parallel to funding the largest rainforest conservation project in Papua New Guinea.
“The ‘Extended Impact’ solution through TEM Online provides businesses with a simple way to offset their emissions, while also supporting biodiversity projects local to them. We are excited to be partnering with Wilderlands to broaden the TEM Online offering and enhance customer offset portfolios through the addition of Biodiversity Units,” said TEM CEO Adrian Enright.
The “Extended Impact” solution is available through TEM’s AFR award-winning environmental credit marketplace, TEM Online. The Wilderlands’ projects complement TEM’s existing Australian projects – enabling businesses of any size to have a local impact in the state they are based.
Wilderlands CEO Ash Knop said the partnership is reflective of the observed behaviour shift in companies beginning to assess and understand their impact on nature and consider biodiversity credits as a part of their broader environmental strategies. The Wilderlands projects also protect 36 threatened plant and animal species.
“We’re thrilled to be partnering with TEM to create a solution that provides companies with a way to reduce emissions while also helping to protect Australia’s biodiversity, forever. One square metre at a time.”
Laneway Festival is the first company to purchase the “Extended impact” solution via TEM Online; addressing the carbon emissions of air travel by touring festival personnel to the 2024 Festival.
Ali Craze, Sustainability Coordinator of Laneway Festival, said that addressing the festival’s carbon footprint alongside supporting Australian biodiversity projects aligns with Laneway’s overall climate goals.
In addition to the TEM Online “Extended Impact” investment, Laneway Festival undertakes a range of comprehensive activities to reduce its footprint and leave a positive impact, including:
- Partnering with FEAT. Live to add a Solar Slice to all Laneway tickets, with over $200,000 directed to action on climate
- Ongoing support of Yiriman Project, with over $250,000 donated to support youth in the Kimberley to reconnect with their culture in a remote and culturally significant place
- Replacing 53,220 single use plastic water bottles with canned water and encouraging the use of water refill stations to save approximately 13,195 water bottles at Laneway Adelaide in 2024.
“Laneway Festival are so pleased to have invested in TEM’s ‘Extended Impact’ solution; it not only helps to address carbon emissions but also safeguards Australia’s unique biodiversity. It’s crucial for us to protect the local ecosystems in which Laneway Festival is held while also addressing our global environmental impact, ensuring our efforts create a lasting, positive change for both our community and the planet.”
Among the Wilderlands projects available to support through TEM is the Coorong Lakes; a project co-designed and co-managed with the traditional owners of the region the Ngarrindjeri people and home to over 61 native bird species and 222 plant species including the world’s largest known populations (on private land) of the nationally endangered Metallic Sun-orchid.
Other projects include a dedicated conservation reserve in Alleena, NSW, that aims to address the decline of the suite of birds dependent on intact woodland ecosystems, as well as a grasslands in Victoria that spreads across the vast plains alongside the Avoca River and helps protect the Critically Endangered ‘Natural Grasslands of the Murray Valley Plains’.
Laneway Festival are supporting both of these projects via the TEM Online “Extended Impact” solution.
Learn more about the product and projects via the TEM Online website.
About TEM
About TEM Online
TEM Online is TEM’s newest digital solution – an online marketplace that allows businesses to buy smaller volumes of carbon credits and manage Scope 3 emissions. It’s a one-stop online platform for offsetting between 50 and 10,000 tonnes of carbon emissions. We had smaller customers coming to us wanting to offset but there weren’t really solutions available for them. TEM Online supports these businesses on their broader decarbonisation and sustainability journey. For example, businesses might offset emissions from their overall business if they’re smaller, or larger businesses might offset their carbon footprint from an event, product, building or trip. TEM Online is unique because of its fast turnaround service. The marketplace enables a business to offset emissions in just 48 hours, versus the traditional multi-week contracting process – a first-of-its-kind for the Australian carbon credit market. We created a quick, easy and scalable marketplace for this segment of customers to easily access high-integrity Australian and International carbon offset projects. TEM Online marketplace: https://online.
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