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Reporting

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15 May 2017

All Emissions Reduction Fund participants must report on their projects at regular intervals, regardless of whether you have a contract to sell your Australian carbon credit units (ACCUs) to the Australian Government.

Reports on abatement achieved may need to be accompanied by an audit report verifying that the abatement achieved and reported on is accurate.

Reports are submitted via the Client Portal using the Emissions Reduction Fund Project Report and Crediting Form.

Reporting requirements

Your report will include information and calculations on abatement achieved. Each method contains specific and detailed instructions that should be used to calculate abatement. The method will also include other information that should be included in your report. You should ensure that you are familiar with the reporting and record keeping requirements for the method you choose.

Failure to provide a project report to the Clean Energy Regulator may attract a civil penalty.

Projects reporting using the FullCAM modelling tool

The Department of the Environment and Energy updated the Full Carbon Accounting Model (FullCAM) modelling tool and the FullCAM Guidelines on 16 December 2016.

Projects using the native forest from managed regrowth method or reforestation by environmental or mallee plantings method, must use the version of FullCAM and the FullCAM Guidelines on the Department’s website at the time of submitting a project report to the Clean Energy Regulator.

Projects using the avoided clearing of native regrowth method or human-Induced regeneration of a permanent even-aged native forest 1.1 method, must use the version of FullCAM and the FullCAM Guidelines on the Department’s website at the end of the project’s reporting period.

If you are required to use an earlier version of FullCAM and the FullCAM Guidelines than the version available from the Department’s website, please contact the Department to obtain the required version.

For more information, see land sector reporting or contact the Department on erfforests@environment.gov.au, or 02 6159 7189.

Reporting frequency

Under the Emissions Reduction Fund, you can choose when to report on your project as long as you adhere to the minimum and maximum reporting periods (periods between reports). The first reporting period begins at the start of your project’s crediting period.  Each new reporting period begins immediately after the previous reporting period. All reporting periods must be within your project’s crediting period.

In general, a reporting period can be as short as six months, as long as two years for emissions avoidance projects or five years for sequestration projects. However, a reporting period can be less than 6 months, and as short as 1 month, if the net abatement for the period is 2 000 tonnes of carbon dioxide equivalent or more.

You must submit a project report to the Clean Energy Regulator within six months of each reporting period, unless your method specifies otherwise.

Assessment of project reports

In most circumstances your project report will be processed within 90 days. You will receive email notification that your report has been processed. The notification will include an abatement statement for the reporting period advising the volume of ACCUs you will be issued. The ACCUs earned by your project in the reporting period will be issued into your specified Austr​alian National Registry of Emissions Units (ANREU) account​.

The Clean Energy Regulator may require further information from you. If the information is not provided as requested, the Clean Energy Regulator may refuse to consider or take any further action in relation to any application for ACCUs included in your project report.

To address the possible issuance of too few or too many Australian carbon credit units, the Clean Energy Regulator has a regulatory posture on over and under crediting of units.

Auditing project reports

Some of your project reports will need to be accompanied by an audit report prepared by a registered category 2 ​greenhouse and energy auditor. Your project's audit schedule will indicate which project reports must be accompanied by audit reports.

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