A new revision of the Savanna Fire Management (SFM) method is set to be released shortly which will allow projects to better account for emissions reductions attributed to enhanced avoidance and sequestration calculations, underpinned by research by CSIRO. The forthcoming method seeks to improve upon revisions released in 2018 (and the former successful 2013 and 2015 methods), uptake of which has been low due to extra costs and the under-crediting of emissions reductions. Accounting for updated calculations described by CSIRO, we expect projects that utilise the new method to see considerable increases in ACCU issuance. This could see an increase in the availability of SFM ACCUs, many of which have Indigenous co-benefits that have become popular for voluntary buyers, which we currently mark at a $20.50/t premium to Generic units (including SFM projects without co-benefits).
