Overview

The Carbon Market Institute and the Australian Carbon Industry Code of Conduct developed the Landholder guidance: A checklist for partnering on carbon farming projects, with the support of the Queensland Government’s Land Restoration Fund after noticing an information gap for landholders considering an ACCU Scheme project in partnership with a third party. This guidance provides a step-by-step resource for landholders on the different stages of developing and delivering an ACCU Scheme project, while also including a comprehensive series of checklists to cover key questions that should be asked before entering a carbon farming agreement.

It is designed to help landholders ask the right questions and obtain the necessary information and documentation before commencing a project with a project partner. This document aims to help landholders engage with project partners by assisting understanding of rights, responsibilities, and expectations for clear and transparent communication throughout the project lifecycle.

Landholders can use this guidance to better navigate the complexities of carbon farming and the ACCU Scheme, optimise project success, and learn more about how to comply with relevant regulations.

The Guidance contains a plain English overview of the ACCU Scheme and its land-based methods, as well as covering different project management models, approval and consent requirements, project monitoring and reporting requirements, the role of the Australian Carbon Industry Code of Conduct, and general guidance on due diligence.

Sections include:

  • An Overview of Carbon Farming
  • Overview of the ACCU Scheme
  • Considerations Before Commencing a Project
  • Engagement Between Landholders and Project Partners
  • Seeking Financial and Legal Advice

The full document can be accessed at the link below. To support accessibility, there is a printable A4 version of the full document that can also be viewed on tablet devices. Access this version here.

Checklists

This guidance document contains a series of checklists that are designed to cover off on key questions a landholder should ask before entering a carbon farming agreement. There are five targeted checklists intended to support landholder engagement:

  1. Early Due Diligence
  2. Engagement with Project Partners
  3. Engagement with Legal Advisors
  4. Engagement with Financial Advisors
  5. Final Due Diligence

The checklists are designed to be practical, standalone tools to help Landholders track progress through the project cycle and ensure that all critical aspects are addressed. You can download a digitally fillable version of each checklist below.