media statement chevron commits $3.45 million to conservation volunteers australia

Wetlands at sunset
New partnership to support lower carbon projects including blue carbon research 

PERTH, Western Australia, July 13, 2021 – Chevron Australia Pty Ltd (CAPL) today announced an AUD$3.45 million contribution to Conservation Volunteers Australia in support of lower carbon projects.

As national partner for the Revive our Wetlands initiative, Chevron Australia will support the conservation of ten wetland locations across Australia as a nature-based climate change solution.

Conservation Volunteers Australia chief executive officer Phil Harrison said growing global research is unlocking the potential of wetlands as natural carbon sequestration and storage systems.[1]

“Australia’s wetlands are thriving sites of carbon storage – accounting for around 10 percent of the world’s blue carbon ecosystems[2] – but they’re disappearing at a rate three times faster than natural forests[3],” said Harrison.

“This significant investment from Chevron will see 10 wetland locations across Australia receive critical restoration and contribute to innovative blue carbon research.”       

Managing director Mark Hatfield said Chevron Australia has worked with CVA to protect the local environment through workplace volunteering and community programs for more than 15 years.

“Chevron Australia is pleased to build on our relationship with Conservation Volunteers Australia and look forward to working together to advance innovative carbon capture and storage research,” said Hatfield. 

The partnership will also include the new Urban Shade Forest initiative, designed to combat rising heat levels in built-up areas by increasing urban greening to reduce the amount of heat absorbed by infrastructure[4].

Notes

  • Wetlands are able to sequester and store large quantities of blue and teal carbon by trapping carbon in plants and sediment below the water surface.
  • Coastal wetlands act as blue carbon systems, and freshwater wetlands as teal carbon systems, which are both critically important in regulating greenhouse gases and capture carbon.

 


[1] Australian vegetated coastal ecosystems as global hotspots for climate change mitigation (Nature Communications) (nature.com/ncomms/)

[2] Wetlands Australia 31: Australian Government initiatives for blue carbon (Department of Agriculture, Water and Environment) (environment.gov.au)

[3] Global Wetland Outlook: State of the World’s Wetlands and their Services to People (Ramsar Convention Secretariat) (global-wetland-outlook.ramsar.org)

[4] City of Melbourne: Urban Forest Strategy 2014 (melbourne.vic.gov.au)

Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia operates the Gorgon and Wheatstone natural gas facilities; manages its equal one-sixth interest in the North West Shelf Venture; operates Australia’s largest onshore oilfield on Barrow Island; is a significant investor in exploration; and via Puma Energy delivers quality fuel products and services across Australia, operating or supplying a network of more than 360 retail locations and an extensive 24-hour hour diesel stop network, as well as 14 depots and three seaboard terminals.

Read media release on the Conservation Volunteers Australia website

Cam Van Ast

Phone: +61 439 022 658 (Perth)

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