1、High integrity ACCUsHow regulatory assurance is supporting investment in forest carbonOFFICIALThe Clean Energy Regulator(CER)The CER is the statutory authority responsible for administering legislation that reduces carbon emissions and increase the use of clean energy.Our purpose“Accelerate carbon a
2、batement for Australia”cer.gov.auMethodology determinationCarbon Farming Initiative legislation(the CFI Act and the CFI Rule)Supplementary guidanceLegislative frameworkGovernance frameworkPolicy development and legislative oversight,including Method developmentDepartment of Climate Change,Energy,the
3、 Environment and Water(DCCEEW)Compliance assessment of methodology determinations against the legislated Offsets Integrity Standards Emissions Reduction Assurance Committee(ERAC)Scheme administration(project compliance and oversight)and management of Government carbon abatement contractClean Energy
4、Regulator(CER)Minister approves methodsAudit programACCU scheme frameworkReviews have confirmed the integrity of ACCUsACCU Scheme arrangements are sound.Independent Review of ACCUs(Dec 2022)ACCU Scheme is fundamentally well designed.Climate Change Authoritys Review(Dec 2023)The CERs administration o
5、f the ACCU Scheme is effective.No recommendations to the CER.ANAO Performance Audit Report(April 2024)The 2022 plantation forestry methodcer.gov.auTypes of activity:Establishing and maintaining a new plantation forest(Sch 1)Converting an existing short rotation plantation forest to a long rotation p
6、lantation forest(Sch 2)Avoiding conversion of an existing or recently harvested plantation forest(Sch 3)Transitioning a plantation forest to a permanent forest,in situations where that plantation is at risk of being converted to non-forested land(Sch 4)Plantation Forestry method 271 projects registe