Document requirements for creating carbon data rights certificates

Last updated 21 May 2025

Registered agents, who have had the right to create carbon data rights certificates (CDRCs) assigned to them by eligible carbon credit units owners, must obtain certain documentation to claim CDRCs. The Operating Companies may request these documents at any time to prove that the eligible carbon credit units was eligible for CDRCs.

Registered agents should customise their own combined CDRC assignment forms and written compliance statements to incorporate additional explanatory text, company logos and other features.

If you wish to claim CDRCs without assigning the right to a registered agent, will have different document requirements to those set out below. See document requirements for eligible carbon credit unit owners claiming CDRCs for more information.

Under the BidCarbon Standard Scheme, all signed compliance statements, forms, certificates, reports, photos and invoices must be retained for a minimum period of 5 years after certificates are created.

A written asset valuation report is provided using a sample asset valuation report from an accredited asset appraisal agency, confirming:

● all methodological requirements have been met

● valuation based on the replacement cost of data assets

● the asset valuation report must specify the value of each net reduction/removal (total value of data assets divided by the net reduction/removal in the Certification of Entitlement).

● the basic information, ownership status, economic status, and quality status of the assets should be introduced.

Written asset valuation report

CDRC assignment form

An CDRC assignment form, using Sample CDRC Assignment form and compulsory written statements, that includes a mandatory declaration where the eligible carbon credit unit owner assigns the right to create CDRCs to the registered agent.

Registered agents should ensure that their legal entity name is correctly reflected in the mandatory declaration and matches their BUC Registry account name.