The Clean Energy Regulator has released an update to the Australian national registry of emissions units (ANREU) that will enable the market to track co-benefits from Australian carbon credit units (carbon credits) purchased.
As part of a suite of enhancements introduced under the Climate Solutions Fund, we have made it easier for you verify that carbon credits you buy originate from projects that have delivered co-benefits.
Co-benefits are the environmental, economic, social and cultural benefits achieved in addition to carbon abatement from a specific project. Examples include:
- increasing biodiversity from the protection and regeneration of native vegetation
- use of traditional fire management practices providing new income streams for Indigenous communities, and
- improved soil health and resilience in the land sector.
How does it work?
Once carbon credits have been transferred to your ANREU account, you can hover over the Project ID to see the project name.
Click on the Project ID, which will take you to that project on our project register. The project register provides further information about the project associated with the carbon credits purchased. You can verify the project details match with what you agreed with the seller.
Your feedback is important to us
We are seeking feedback from both purchasers and sellers on whether these changes meet market needs and whether there are preferences for further ANREU enhancements.