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ARTICLE · 30 AUGUST 2022

Independent Review Of Australian Carbon Credit Units: Submissions Open

Herbert Smith Freehills Kramer LLP
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On 29 August 2022, the independent expert panel (Review Panel) who is reviewing the integrity of Australian Carbon Credit Units (ACCUs) under the Emissions Reduction Fund (ERF) ...

AustraliaEnvironment
Kathryn Pacey
Kathryn Pacey
Peter Briggs
Peter Briggs
Heidi Asten
Heidi Asten
Melanie Debenham
Melanie Debenham
Charlotte Traves
Charlotte Traves

On 29 August 2022, the independent expert panel (Review Panel) who is reviewing the integrity of Australian Carbon Credit Units (ACCUs) under the Emissions Reduction Fund (ERF) began seeking submissions from a diverse range of stakeholders. The Review Panel is seeking feedback on the integrity of ACCUs and the broader impacts of activities incentivised under the ACCU scheme framework.

Snapshot

  • The purpose of the review is to ensure the strength and credibility of ACCUs and the Australian carbon crediting framework and that these mechanisms will be widely supported by participants, purchasers and the broader community.
  • The review is also intended to ensure the efficacy of the system in contributing to Australia's emissions reduction targets, strengthening the carbon market and supporting reforms to industrial facilities covered by the Safeguard Mechanism.

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