Iberdrola has announced its entry into Australia’s nature-based solutions sector with the launch of Carbon2Nature Australia, unveiling its first carbon removal initiative — a 688-hectare reforestation and biodiversity project on South Australia’s Eyre Peninsula.
Carbon2Nature Australia is the local subsidiary of Carbon2Nature, Iberdrola Group’s nature-based solutions company, which currently operates in Spain, Mexico and Brazil. The new entity forms a joint venture with Iberdrola Australia and is intended to integrate ecosystem restoration into the company’s wider decarbonisation strategy.
The inaugural project, known as Project Talia, is being developed in partnership with global restoration firm Land Life and Australian organisation Cassinia Environmental, both of which have experience in large-scale ecological restoration and carbon projects. The initiative is expected to generate Australian Carbon Credit Units (ACCUs) under the Clean Energy Regulator’s national scheme.
According to Iberdrola, the project will allow customers to access ACCUs “with verified environmental integrity under the Clean Energy Regulator’s scheme”, while also supporting biodiversity objectives and cultural outcomes through collaboration with local communities and Traditional Owners.
The restoration effort aims to rehabilitate endangered Drooping Sheoak grassy woodland and enhance long-term ecological resilience. A key focus of the project is cultural engagement with the Wirangu and Nauo First Peoples, with Iberdrola stating that cultural co-benefits are “central to the project”. Work with Land Life, Cassinia Environmental and the Wirangu and Nauo Aboriginal Corporation is intended to support community-led cultural reconnection.