CANON · REGULATION / AU-ERF

Australian Carbon Farming Initiative / Emissions Reduction Fund

DefinedTerm · Legislation

Carbon Credits (Carbon Farming Initiative) Act 2011 and the Emissions Reduction Fund enable Australian land managers to earn Australian Carbon Credit Units (ACCUs) by sequestering carbon or reducing agricultural emissions. Eligible methods include: soil carbon (sequestration and emissions avoidance), native forest protection, savanna fire management (Arnhem Land Fire Abatement), blue carbon (tidal restoration), and vegetation methods. ACCUs are government-purchased (reverse auctions) or sold on secondary markets. The 2023 Safeguard Mechanism reforms increased demand for land-sector ACCUs.

TERM CODE: au-erf
LEGISLATION IDENTIFIER: CFI Act 2011 / ERF
LEGISLATION JURISDICTION: Australia
LEGISLATION LEGAL FORCE: https://schema.org/InForce
EXTERNAL REFERENCE: https://www.legislation.gov.au/C2011A00101/latest/text
ADDITIONAL PROPERTY: in-effectstatus Australian land and water assets registered in Resource3 — and signed Regenerate3 field measurements — with GPS boundaries, vegetation baselines, and soil health records — provide the monitoring data required for ACCU project registration under the CFI Act. Signed field measurements support both the initial Offsets Report and ongoing audits by the Clean Energy Regulator.reason land,water,carbon,regenerateappliesSectors au-supply,carbon-marketappliesTriggers appliesMaterials 5jurisdictionRank

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