The Australian Carbon Exchange project commenced in 2021. The project aims to facilitate the emergence of an exchange trading market for Australian carbon credit units (ACCUs), connected to a new and improved Unit Register. The new Unit Register is anticipated to be launched by the end of 2023.
The project timeframes outlined are indicative only and may change subject to the outcomes of each stage of the procurement process. We will update this webpage as firmer dates become available throughout the project.
Closed 20 June 2021.
We invited a shortlist of 13 parties to participate in the Request for Proposal procurement stage:
The Request for Proposal was released on 31 March 2022. An initial 4-week extension to the deadline was granted, followed by a further 2-week extension. These extensions were requested by potential tenderers.
Closed 11 July 2022.
Expected to be finalised in Quarter 3, 2023.
Between Quarter 3, 2023 and Quarter 1, 2024.
While it is difficult to predict the timeframes, at this stage we anticipate that ACCUs will be launched by the end of 2023 in the new Unit Register and the Australian Carbon Exchange will be launched in early 2024.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.