Greening Australia has partnered with CBRE to increase its national land bank by 330,000ha to meet its 2030 impact goals as major corporates throw their weight behind efforts to tackle Australia’s biggest environmental challenges.

The appetite to invest in environmental offsets including carbon sequestered through large-scale tree plantings, has increased substantially amid corporate demand to achieve zero net emissions targets.

Greening Australia has consequently appointed CBRE’s Agribusiness team as its exclusive real estate services partner, with a target to source 330,000ha of land by 2030, via a combination of lease, licence or ownership.

Greening Australia CEO, Brendan Foran said, “The scale of the challenge means we need to leverage the best capabilities. CBRE will assist us in meeting our ambitious targets but also reward landholders for their role in improving the environment.”