Carbon Farming Initiative

Changes to the Carbon Farming Initiative

The legislative rules governing the Carbon Farming Initiative have changed. The Carbon Farming Initiative has been integrated with the Emissions Reduction Fund from 12 December 2014.

Content on this website will be progressively updated to reflect these changes. More information can be found on the Emissions Reduction Fund and other schemes page.

There are different types of activities that can be conducted under the Carbon Farming Initiative. These fall into two categories – emissions avoidance, where greenhouse gas emissions are prevented from entering the atmosphere, and sequestration, where carbon is stored on the land.

The scope of emissions avoidance and sequestration activities​​ that may be eligible under the Carbon Farming Initiative is defined under the Carbon Credits (Carbon Farming Initiative) Act 2011. A methodology determination must also be in place for activities under the Carbon Farming Initiative, to be considered an eligible project by the Clean Energy Regulator.

See the five steps to participate in the Carbon Farming Initiative for more information on applying to join and conduct a project through to earning ACCUs and completing a project.

ACCUs issued under the Carbon Farming Initiative can be sold to people and businesses wishing to offset liability under the carbon pricing mechanism until 2 February 2015. ACCUs may continue to be sold after that date to people and businesses wishing to voluntarily offset their emissions.​​

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Last CFI newsletter – Carbon Farming Initiative December Update

In this last issue, the Emissions Reduction Fund is on its way, ACCUs eclipse 10 million and more. Read the December issue.

Emissions Reduction Fund legislation passed by the House of Representatives

The Emissions Reduction Fund legislation has been passed by the House of Representatives. The Clean Energy Regulator will begin administering the Emissions Reduction Fund once legislative amendments commence and the necessary legislative rules are made. You can find out more on the Department of the Environment’s website.​

10 million ACCUs issued

This week we issued the 10 millionth Australian carbon credit unit (ACCU) under the Carbon Farming Initiative. This is the equivalent of taking more than 2.9 million cars off the road for one calendar year. Complete details of projects and credits issued are available on the Register of Offsets Projects.