Unit of competency Outline

Date retreived
22/07/2026 4:48 AM AWST

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Assess the feasibility of a Carbon Farming Initiative project

Assess the feasibility of a Carbon Farming Initiative project

Unit of competency
National Code
AHCCFI502A
State Code
WG527
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
1.00
Current Release Date
17/06/2013
View on TGA
State Implementation and Classification
Approved Date
18/11/2013
Field of Education
050999 - Environmental Studies, N.e.c.
Original Release Date
18/11/2013
Nominal Hours
60
Description
This unit covers the process of analysing and assessing the feasibility of a carbon farming project using methodologies approved under the Carbon Farming Initiative (CFI).
Notes
Elements and Performance Criteria
1. Identify the rights of the project proponent and the stakeholder
  • 1.1 The right of the project proponent to undertake the project on the proposed land is determined
  • 1.2 The rights to the land, project boundaries and if appropriate the applicable carbon sequestration right are determined, with legal advice sought where required
  • 1.3 All interest holders in the land are identified and their likely agreement to the project determined
  • 1.4 The ownership of carbon sequestration rights, if relevant, is determined
2. Identify the project and its eligibility
  • 2.1 The nature and scope of the project is confirmed
  • 2.2 Approved CFI methodologies are assessed to determine if one is applicable to the project
  • 2.3 Any negative impacts of the project are determined and checked against the CFI negative list
  • 2.4 Whether the project, or any part of it, is required by law is determined
  • 2.5 How the project is in accordance with relevant regional Natural Resource Management plans is determined
  • 2.6 The project is checked for compliance with an approved offset methodology
3. Identify the contractual arrangements for the project
  • 3.1 Contract parties are identified
  • 3.2 The responsibilities of owning and managing a CFI project are identified
  • 3.3 The managerial and governance structure of the project is determined and roles of the parties are clarified
  • 3.4 Responsibilities and obligations of the parties under relevant carbon farming legislation are identified
  • 3.5 Financial relationships between the parties are identified, including for transfer of carbon rights if relevant
4. Analyse the project
  • 4.1 Specialist technical advice is sought as required
  • 4.2 Operational capabilities to successfully implement the project are assessed
  • 4.3 Means of calculating the baseline and project emissions in accordance with the relevant methodology are established
  • 4.4 Frequency of data collection, monitoring, ratification and verification requirements are determined
  • 4.5 The impact of differing crediting and reporting periods on project feasibility is assessed
  • 4.6 Approvals and restrictions associated with project implementation are determined
  • 4.7 Timelines for the application, development, approval and implementation of the project are estimated
  • 4.8 Potential risks in the project cycle and mitigation strategies are identified and responsibility assigned between parties involved in the project
  • 4.9 Analysis of stakeholders and their expectations is undertaken.
  • 4.10 The scope for project design, planning and implementation is defined
5. Evaluate project viability
  • 5.1 The distinction between administrative advice on CFI projects and advice about carbon credits that requires holding a financial services license is stated
  • 5.2 The impact of project location on the type of carbon credits generated, where relevant, is ascertained
  • 5.3 Funding requirements for the application, development and implementation of the project are calculated
  • 5.4 The potential abatement and short and long term returns are identified
  • 5.5 Capacity to complete project activities within timeframes is assessed
  • 5.6 Issues that impact on project business viability, including methods of valuing carbon credits, are assessed
  • 5.7 A business viability case for the project identifying the source and cost of project capital, long term project costs and revenue and non-carbon economic benefits of the project is developed
  • 5.8 Project feasibility is determined and advised in a written report to project proponent
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
An approved offset methodology includes:
a methodology for which a determination has been made under the Carbon Credits (Carbon Farming Initiative) Act 2011
Contract parties include:
land managers
leaseholders
project developers
aggregators
others
Carbon service provider includes:
a person who provides advice about participation in or develops or manages a project under the Australian Government’s Carbon Farming Initiative
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the ability to:
undertake background and preparatory work for a feasibility assessment
assess the feasibility of a CFI project for clients and land managers
develop a business viability case for a CFI project
Context of and specific resources for assessment
Assessment must be undertaken in the context of at least one approved sequestration methodology and one approved emissions avoidance methodology under the Carbon Farming Initiative.
Assessment resources must be developed to determine the candidate’s depth and breadth of knowledge of carbon farming project feasibility as well as their ability to evaluate a project’s feasibility.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
observing processes and procedures in workplaces
oral or written questioning on required knowledge and skills
evaluating workplace documents and samples of work
simulated projects, scenarios or case studies
obtaining and validating third party references and reports
Guidance information for assessment
Assessment with other units relevant to the job role is recommended. The unit of competency can be assessed in the workplace or a simulated workplace environment.
No information