Apply for a Certificate of Entitlement
The Clean Energy Regulator will not issue Australian carbon credit units automatically on receipt of an offsets report.
If applicants wish to receive Australian carbon credit units for their project for any reporting period they must apply for a certificate of entitlement. Applicants can do this at the same time as they submit their offsets project report by completing Part G of the Certificate of Entitlement application including offsets report form (PDF).
The certificate of entitlement specifies the number and type of Australian carbon credit units that the project proponent is entitled to receive for abatement over the reporting period and lists the account number in the Australian National Registry of Emissions Units (the Registry) into which the Australian carbon credit units are to be issued.
Details of the project proponent's registry account will need to be provided.
Requirements for a Certificate of Entitlement
The Clean Energy Regulator will only issue a certificate of entitlement if satisfied that a number of requirements are met, including that:
- the applicant is still a recognised offsets entity
- the applicant is the project proponent identified in the project declaration
- the reporting period is within the crediting period
- all regulatory approvals have been met
- the applicant is not required to pay any penalties and does not have an outstanding obligation to relinquish credits
- for native forest protection projects, the reporting period is the first reporting period for the project, and
- the application is not for the issue of Australian carbon credit units for greenhouse gas abatement that has been issued, registered or otherwise accounted for under a prescribed non-CFI offsets scheme.
A certificate of entitlement is not transferable. This means the project proponent must apply for and receive the Australian carbon credit units before transferring them to someone else.