The Clean Energy Regulator’s (CER) latest Quarterly Carbon Market Report (QCMR) shows that carbon markets are at an important juncture with key developments including:

The new reforestation by environmental or mallee plantings FullCAM method 2024 has been made under the Australian Carbon Credit Unit (ACCU) Scheme.

The new method builds on the existing reforestation by environmental or mallee plantings FullCAM method 2014, which expired on 30 September 2024.

Changes have been made to make it easier to participate:

Read this consultation paper to learn more about the Audit Thresholds Instrument consultation.

We recently held Safeguard Mechanism forums across the country. The events in Melbourne, Sydney, Brisbane and Perth brought together industry stakeholders to discuss the latest scheme updates. Attendees also had the opportunity to engage with our staff face-to-face and ask questions.

Key topics covered included:

Australian Carbon Credit Unit (ACCU) Scheme participants and Australian National Registry of Emissions Units (ANREU) account holders need to provide us with their identity documents multiple times to register new projects or open additional accounts.

We are proposing to amend the Carbon Credits (Carbon Farming Initiative) Rule 2015 and the Australian National Registry of Emissions Units Regulations 2011, so that we no longer need to request identity documents again when we have already received them for another activity.