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Want to participate in the Emissions Reduction Fund?

29 June 2021
ERF

The Emissions Reduction Fund provides incentives for emissions reduction activities across the Australian economy.

There are four steps to participate in the Emissions Reduction Fund, including:

Step 1 – Apply

You can participate in the Emissions Reduction Fund as individuals, sole traders, companies, local, state and territory government bodies and trusts.

To participate you will need to:

  • apply to become an Emissions Reduction Fund participant
  • register your project to receive Australian carbon credit units under the Emissions Reduction Fund.

If you are unsure of your eligibility to participate in the Emissions Reduction Fund, use the interactive questionnaire to find out if your project meets the scheme’s requirements.

Step 2 – Contracts and auctions

Emissions Reduction Fund participants with a registered project may bid for a contract to sell their Australian carbon credit units to the Clean Energy Regulator. The Clean Energy Regulator will run auctions to select bidders according to price. 

More information on Step 2 – Contracts and auctions

Step 3 – Reporting and auditing

To receive Australian carbon credit units you will need to submit reports on your registered projects, including reporting on your emissions reductions. You will also need to have your project audited on a regular schedule.

More information on Step 3 – Reporting and auditing

Step 4 – Contract management, delivery and payment

Participants who have a contract with the Clean Energy Regulator will deliver Australian carbon credit units according to the schedule in their contract, and will then be paid at the price bid at auction and set out in the contract.

More information on Step 4 – Contract management, delivery and payment

To check if your project may be eligible under the Emissions Reduction Fund, see the scheme’s overview schematic, or the interactive questionnaire.

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