Participate in Non-Asset BidCarbon Removal Units

Last updated 19 June 2026

Participation in the BidCarbon Standard should be considered a business decision. It is important to understand the obligations and risks associated with participation. Service providers, including legal advisers, financial advisers, agents and aggregators, may assist you in understanding the BidCarbon Standard and participating effectively.

We have released a factsheet to help farmers and land managers understand the roles of carbon service providers and choose a provider.

You can also conduct a web search to find relevant providers using terms such as carbon services, carbon farming services or carbon service providers etc.

Disclaimer: The above is provided by way of general information. The BidCarbon Foundation cannot give business or financial advice, or endorse or recommend any carbon service provider or their services.

Carbon service providers

To participate in the BidCarbon Standard, both you and your project must meet the eligibility criteria.

Projects must:

● be new, meaning that activities must not have started yet.

● Additionally, they must go beyond business-as-usual activities and not be required by law. 

● Finally, they must not be receiving financial support from specified government programs.  

● To be eligible for carbon credits under the BidCarbon (Carbon Farming) Rule 2025, the project must not be an excluded activity and must follow an approved method that outlines the project's rules and estimates emissions reductions.

Additionally, you must:

● have the legal right and aboriginal title to carry out the project activities. 

● to be issued all NABRUs from the project, you must have a lawful  and exclusive right and undergo a fit and proper person assessment.

Before you consider registering yourr project, find out if you are eligible to participate in the BidCarbon Standard Scheme by using the interactive questionnaire.

Step 1

Check your eligibility

Step 2

Choose a project method

The projects and activities under the BidCarbon Standard are designed to decrease greenhouse gas emissions or sequester carbon by utilizing innovative technologies or processes.

Projects that are eligible may include:

● carbon capture and storage

● waste reduction, and 

● better agricultural practices. 

The projects that are eligible for the standard depend on the chosen BidCarbon Standard method. Each method outlines the activities that can be carried out, the project rules, and the procedures for measuring emissions reductions.

Select the method you will use for your project.

Step 3

Plan your project

Participation in the BidCarbon Standard is a crucial business decision.

Before applying, ensure that the project:

● is viable, conduct a cost-benefit

● analysis, confirm that you possess the necessary skills and capabilities to run the project

● understand the method

● to plan your project, consider the necessary technology or equipment

● understand the crediting and reporting periods, and decide whether to seek advice or assistance from a carbon service provider

● Digital Measurement, Reporting and Verification (dMRV) design

Follow these guidelines to plan your project.

Sustainability Performance

The Measuring Agroecology and Performance Tool (MAPT) is an essential element of the sustainability statements. MAPT can establish a baseline of agricultural sustainability in project design, monitoring, and evaluation.

Step 4

Choose a project proponent

Eligibility to participate in the BidCarbon Standard extends to individuals, sole traders, companies, and local, state or territory government bodies or trusts. It is required that the project proponent be determined prior to registering a project. The project proponent is:

● responsible for carrying out the project;

● issued all NABRUs for the project;

● legally responsible for meeting all obligations under the law.

It is possible to appoint a third party, known as a carbon service provider, to assist with the project.

For further information, please refer to the guidelines on choose a project proponent.

To earn NABRUs by running a project, you need to:

● register as a participant,

● register your project,

● open an BidCarbon Unit and Certificate (BUC) Registry account.

For more information on how to apply, please refer to the guidelines.

Step 5

Apply

To properly execute your project, follow the guidelines outlined in your chosen BidCarbon Standard method.

This entails adhering to all monitoring, record-keeping, and auditing requirements, as well as following instructions for calculating abatement.

Step 6

Execute your project

The sustainability performance report integrates the Measuring Agroecology and Performance Tool with the IFC’s ESG standards. It supports project operating entities in preparing disclosures that are proportionate to their size, organisational structure, and operating environment.

Sustainability performance reports must be submitted through Online Services by 1 April and 30 April each year.

Step 7

Sustainability performance reports

Step 8

Project report

Project report

To receive NABRUs, you must submit reports on your project and have it audited regularly according to the method's requirements.

Your reports should include calculations of the actual abatement during the reporting period.

You must report at least every:

● For emissions avoidance projects, be submitted at least every 2 years.

● For sequestration projects, reports must be submitted every 5 years, or more frequently if possible.

Audit reports must be included in each report as scheduled.

An initial audit report must be submitted with the first project report. Typically, at least 3 audits will be scheduled for each project, but additional audits may be triggered if necessary.

Audits must ensure that the reported abatement for the project is accurate and correct.

Reports should be submitted using the BidCarbon Standard Project Report and Crediting Application via the Online Services.

For more information on project reporting and audits, please refer to the relevant guidelines.

When submitting your project reports, you may apply to claim NABRUs for your project.

We will review your claim and report to ensure compliance with criteria and legal obligations.

Upon approval of your application, NABRUs will be issued to your BUC Registry account.

For information on how to apply for NABRUs, please refer to our guidelines.

Step 9

Claim NABRUs

You can choose to sell your NABRUs or hold them.

You may sell your NABRUs:

1. on the BidCarbon Marketplace, in accordance with the rules governing that Marketplace; or

2. on the open market under a private commercial agreement between the parties.

The open market is not operated, regulated or controlled by the BidCarbon Foundation. The Foundation does not act as a party to any private commercial agreement for the sale or purchase of NABRUs.

Find out more about buying and selling NABRUs.

Step 10

Sell NABRUs

Step 11

Vary or revoke your project

After registering your project, applicants have the option to apply for modifications or cancellations.

It is crucial to fully understand the requirements and conditions of each type of variation. Seeking professional advice may be advisable before making any changes to your project.

Please refer to the guidelines on how to make changes to your project.