New audit requirements for low-risk plantation forestry projects

We’ve reduced the audit requirements for low-risk plantation forestry projects to one scheduled audit. This aligns with the Clean Energy Regulator’s risk-based approach to manage compliance. It ensures that audits are targeted to situations where they can provide the greatest value in supporting the integrity of the Australian Carbon Credit Unit (ACCU) Scheme. 

Second independent review of human-induced regeneration gateway checks

Associate Professor (Honorary) Cris Brack, a forestry expert from the Australian National University, has completed his second review of the processes and outcomes of human-induced regeneration (HIR) project gateway checks.

Assoc Prof Brack found that independent audit reports and our assessments continue to provide strong assurance that projects are being managed properly. 

The review provides further confidence in the Australian Carbon Credit Unit (ACCU) Scheme and the integrity of the HIR project portfolio.

Legislative changes to Safeguard baselines now in effect

An amendment to the Safeguard Rule was legislated on 27 April 2024.

The amendment ensures a comprehensive set of production variables. The online application form is scheduled to be updated tonight to ensure all new and amended production variables are available for facilities to select when completing their emissions intensity determination (EID) applications.

The amendment also changes the treatment of existing safeguard facilities that do not receive an EID for their existing production variables.

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