The new Unit and Certificate Registry is a fundamental part of the modernisation and consolidation of our IT systems.
The registry is being built on Trovio’s CorTenX – a scalable, customisable and interoperable digital registry technology designed exclusively for environmental assets. This is the ideal foundation for trading in carbon, renewable energy and nature repair markets, fostering market innovation and growth.
As units and certificates are progressively made available in the registry, account holders will be able to manage and trade units and certificates administered by us, in a single place.
Transition to the registry
The base registry functionality will be released in 2024, ready for the addition of units and certificates. We plan to progressively make the following units and certificates available in the registry over the next year:
- Safeguard Mechanism credit units (SMCs)
- Australian carbon credit units (ACCUs)
- Renewable Energy Guarantee of Origin certificates (REGOs)
- biodiversity certificates (for the new Nature Repair Market).
Large-scale generation certificates and small-scale technology certificates will remain in the REC Registry.
Upon its launch, existing Australian National Registry of Emissions Units (ANREU) account users will automatically have access to their ANREU accounts in the new registry. This will allow ANREU account holders to view and transact SMCs, the first unit type that will be available in the registry in early 2025. As we transition units held in the ANREU into the new registry, users will continue to be able to access the existing ANREU system to manage, view and transfer their ACCUs.
More information about the process of accessing the registry will be available soon.
Benefits
The registry will provide a modern, secure, single place to hold and transfer multiple unit and certificate types.
It will improve the:
- user experience for the management and transfer of holdings
- accessibility and visibility of unit and certificate attribute data
- account creation and management experience
- ability of users to download, share and manage their registry data
- integration of the registry with our other online systems, giving users a more seamless user experience.
The registry will also have the capability to integrate with external digital trading platforms, including the potential for exchange-trading of units and certificates.
Have your say
We’re exploring how the registry could work with other existing (or future) digital platforms and support the exchange trading of ACCUs. This includes understanding market benefits and potential operating models. To have your say, visit carbon market infrastructure for holding and trading certificates and units.