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Declaration as an Eligible Offsets Project - Australian Government

Description

You will need to apply for the declaration of an eligible offsets project if you intend to participate in the Australian Carbon Credit Unit (ACCU) Scheme.

The scheme encourages people and businesses to run projects that reduce emissions or store carbon, for example by:

  • using new technology or upgrading equipment
  • changing business practices to improve productivity or energy use
  • changing the way vegetation is managed.

Australian carbon credit units (ACCUs) are a tradable financial product. They incentivise carbon abatement activities through projects ranging from reforestation to energy efficiency.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this declaration, your project must:

  • be new (activities must not have started)
  • go beyond business-as-usual activities
  • not be required by law
  • not be receiving financial support from specified government programs
  • not be an excluded activity under the Carbon Credits (Carbon Farming Initiative) Rule 2015
  • follow an approved method which sets out the rules for running the project and estimating emissions reductions.

You must also:

  • have the legal right to carry out project activities
  • have the legal right to be issued all ACCUs from the project
  • undergo a fit and proper person assessment.

You can check your project’s eligibility via the Interactive Australian Carbon Credit Unit Scheme Eligibility Questionnaire.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

No fees are required.

Other resources

Task Business Structure Resources
Apply All Eligibility for the ACCU Scheme (Opens in new window)

Act(s) name

Carbon Credits (Carbon Farming Initiative) Act 2011 Australian Government

Regulation(s) name

Carbon Credits (Carbon Farming Initiative) Rule 2015 Australian Government

Administering agency

Clean Energy Regulator

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.