The Code

This voluntary and industry-led Code aims to promote market integrity, consumer protection and appropriate interaction with carbon project stakeholders, including landholders, Native Title Holders, representative bodies, land managers and project developers.

Signatories to the Code are committed to developing and conducting their business in line with industry best practice and interacting with their clients and other stakeholders in a professional and ethical manner.

The Code is implemented by the Code Administrator, which is an independently managed team, hosted by the Carbon Market Institute (CMI).

The Code aims to address issues that impact on the reputation of the carbon industry and promote international leadership on carbon project development. It is the first voluntary consumer protection code of its kind globally, focused on improving the integrity of a national (domestic) carbon industry.

The Administrator plays a key role in addressing issues that impact the integrity and reputation of the carbon industry and promote international leadership on carbon project development. Its operations are governed by a transparent compliance framework, oversight by the Code Review Panel and a regular cycle of independent review. The Carbon Market Institute commenced its ongoing role as inaugural Code Administrator on 1 July 2018.

The Code Administrator carries out an annual compliance review of Signatories’ activities and actively investigates and manages complaints under the Code. An Independent Review Panel oversees the Code Administrator and hears all appeals made in relation to decisions made by the Code Administrator.

At its best the Code reinforces rather than replaces regulatory frameworks, seeking to build a culture of best practice beyond basic compliance.

The Code Administrator Team: