The first Safeguard Mechanism credit units (SMCs) have now been issued into eligible ANREU accounts in the new Unit and Certificate Registry.
The new registry is a world-class system developed to respond to Australia’s expanding carbon and environmental markets and support our 2030 emissions reduction target and net zero by 2050 goal.
It provides a modern, secure, single place to hold and transfer multiple unit and certificate types and will connect with external digital trading platforms.
Now that SMCs have been issued, account holders with SMCs in their account can:
- view, filter and sort account holdings by attribute
- transfer SMCs between ANREU accounts
- surrender SMCs to meet the obligations of responsible emitters under the Safeguard Mechanism
- download holdings data, including attributes.
Holdings of Australian carbon credit units (ACCUs) and Certified Emission Reduction units will continue to be viewed and managed in the current ANREU system. ACCUs will be moved into the new registry later in 2025.
Account holders can access their ANREU account in the new registry through Online Services.
Read the Unit and Certificate Registry guidance for information on how to access your ANREU account and manage units in the new registry.