Australian Carbon Credit Units (ACCUs)
ACCUs issued under ERF; tradeable; surrender under Safeguard Mechanism.
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Who must comply
Project proponents + ACCU holders + Safeguard Mechanism entities.
What triggers it
Eligible project registration + abatement.
When due
Per project reporting cycle.
Evidence required
Project plan + audit reports + ACT register.
Max penalty
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Summary
Carbon Credits (Carbon Farming Initiative) Act 2011. ACCUs issued for eligible emissions reduction projects per approved methodologies. ERAC + ACT register manage.
Enforced by
Source legislation
Topics
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Related obligations
- CWLTHASRS Group 2 climate disclosure — FY commencing on/after 1 July 2026Group 2 (mid-tier entities) start climate disclosure FY27.
- CWLTHAASB S2 Scope 3 emissions + assurance phase-inGroup 1 entities must report Scope 3 from year 2 + escalating assurance through to FY30.
- CWLTHNGER reporting (Clean Energy Regulator)Threshold-triggered annual emissions, energy production + consumption reporting.
- CWLTHSafeguard Mechanism baseline decline 4.9% paAustralia's 215 largest emitters face declining baselines under Safeguard Mechanism reform.
- CWLTHLodge mandatory climate-related financial disclosures (ASRS S2)Group 1/2/3 entities must publish ASRS-aligned climate disclosures with their annual financial reports.
- CWLTHAASB S1 General Sustainability disclosures (likely)AASB likely to mandate S1 (general sustainability) following S2 climate phasing.
Frequently asked questions
- Who must comply with Australian Carbon Credit Units (ACCUs)?
- Project proponents + ACCU holders + Safeguard Mechanism entities.
- What triggers Australian Carbon Credit Units (ACCUs)?
- Eligible project registration + abatement.
- When is Australian Carbon Credit Units (ACCUs) due?
- Per project reporting cycle.
- What evidence is required for Australian Carbon Credit Units (ACCUs)?
- Project plan + audit reports + ACT register.
Source: https://cer.gov.au/schemes/emissions-reduction-fund/australian-carbon-credit-units. Rules Mate is not a law firm. Always verify against the live regulator source before acting.