The Australian Government has established the Climate Solutions Fund to continue purchasing low cost-abatement and build on the success of the
Emissions Reduction Fund. It aims to deliver a step change to the offsets market in Australia by boosting the supply of Australian carbon credit units (carbon credits).
The Climate Solutions Fund offers landholders, communities and businesses the opportunity to run new projects that reduce or remove greenhouse gas emissions from the atmosphere.
In running a Climate Solutions Fund project, you can earn carbon credits and sell them to the Australian Government, or to businesses and other private purchasers. Each carbon credit represents one tonne of carbon dioxide equivalent greenhouse gas emissions stored or avoided.
The Clean Energy Regulator is simplifying participation in the Climate Solutions Fund. We are working to streamline administration and reduce transaction costs, while maintaining scheme integrity.
The Climate Solutions Fund is enacted through the Carbon Credits (Carbon Farming Initiative) Act 2011, the Carbon Credits (Carbon Farming Initiative) Regulations 2011 and the Carbon Credits (Carbon Farming Initiative) Rule 2015.
The Department of Industry, Science, Energy and Resources is responsible for Climate Solutions Fund policy design and oversight. This includes the enabling legislation as well as methods, which outline the emissions reduction activities available across different sectors.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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