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Australian Carbon Credit Unit (ACCU) Scheme
Australian Government · Australia
The Australian Carbon Credit Unit (ACCU) Scheme provides businesses and other eligible participants with the opportunity to earn Australian carbon credit units for projects that store carbon or avoid emissions through new practices and technologies. ACCUs can be sold to generate income.
Deadline
Rolling / Ongoing
Location
Australia
Who Can Apply
• Participation is open to individuals, sole traders, companies, local, state and territory government bodies and trusts
• Projects must be new
• Projects must go beyond business-as-usual activities
• Projects must not be required by law
• Projects must not be receiving financial support from specified government programs, such as the New South Wales and Victorian energy efficiency schemes
• Projects must follow an approved method for running the project and estimating emissions reductions
• Projects must not be an excluded activity listed in the Carbon Credits (Carbon Farming Initiative) Rule 2015
Participation is open to individuals, sole traders, companies, local, state and territory government bodies and trusts. Eligible projects must be new, go beyond business-as-usual activities, not be required by law, not be receiving financial support from specified government programs such as the New South Wales and Victorian energy efficiency schemes, follow an approved method for running the project and estimating emissions reductions, and not be an excluded activity listed in the Carbon Credits (Carbon Farming Initiative) Rule 2015.
What's Funded
Projects that reduce emissions or store carbon, such as using new technology, upgrading equipment, changing business practices to improve productivity or energy use, and changing vegetation management. Eligible project areas include vegetation management, agriculture, energy consumption, waste, transport, coal and gas production, and industrial processes.Expected Outcomes
Verified emissions reductions or carbon storage that generate Australian carbon credit units (ACCUs) for each tonne of carbon dioxide equivalent stored or avoided.Key Information
Applicant Types
companysole_tradertrustlocal_governmentindividualother
Stage
any
Funding Purposes
sustainabilityother
Keywords
Australian Carbon Credit UnitACCUcarbon creditsemissions reductioncarbon storageclean energysustainabilityenergy efficiency
Frequently Asked Questions
1
What is the Australian Carbon Credit Unit (ACCU) Scheme?
The Australian Carbon Credit Unit (ACCU) Scheme is a business grant offered by Australian Government in Australia. The Australian Carbon Credit Unit (ACCU) Scheme provides businesses and other eligible participants with the opportunity to earn Australian carbon credit units for projects that store carbon or avoid emissions through new practices and technologies. ACCUs can be sold to generate income.
2
Who is eligible for the Australian Carbon Credit Unit (ACCU) Scheme?
- Participation is open to individuals, sole traders, companies, local, state and territory government bodies and trusts
- Projects must be new
- Projects must go beyond business-as-usual activities
- Projects must not be required by law
- Projects must not be receiving financial support from specified government programs, such as the New South Wales and Victorian energy efficiency schemes
- Projects must follow an approved method for running the project and estimating emissions reductions
- Projects must not be an excluded activity listed in the Carbon Credits (Carbon Farming Initiative) Rule 2015
3
What activities are funded?
Projects that reduce emissions or store carbon, such as using new technology, upgrading equipment, changing business practices to improve productivity or energy use, and changing vegetation management. Eligible project areas include vegetation management, agriculture, energy consumption, waste, transport, coal and gas production, and industrial processes.
4
How do I apply for the Australian Carbon Credit Unit (ACCU) Scheme?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
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