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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. ACCUs can be sold to generate income from eligible emissions reduction activities.
Deadline
Rolling / Ongoing
Location
Australia
Who Can Apply
• Applicants can include individuals, sole traders, companies, trusts, and local, state and territory government bodies
• 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 in the scheme 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
Participants run approved projects that store carbon or avoid emissions and earn ACCUs for each tonne of carbon dioxide equivalent reduced or stored. The resulting ACCUs may be sold to generate income.Key Information
Applicant Types
companysole_tradertrustlocal_governmentindividualother
Stage
any
Funding Purposes
sustainabilityother
Keywords
carbon creditsemissions reductionsustainabilityclean energycarbon storageenergy efficiencyvegetation managementagriculture
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. ACCUs can be sold to generate income from eligible emissions reduction activities.
2
Who is eligible for the Australian Carbon Credit Unit (ACCU) Scheme?
- Applicants can include individuals, sole traders, companies, trusts, and local, state and territory government bodies
- 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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