Eligible interest holder consent

Area-based emissions avoidance and sequestration BidCarbon Standard Scheme projects require the consent of any person or organization with an eligible interest in the project area. This is to ensure that stakeholders are informed about the project and any potential risks or benefits to them.

It is crucial to ensure that eligible interest holders fully comprehend the terms of their agreement. Once the project is registered, consent cannot be revoked.

It is important to note that consent from an eligible interest holder does not necessarily imply endorsement or support of the project.

Consent from an eligible interest holder does not:

● establish a legal right to carry out the project or claim BRUs.

● stop the sale or transfer of the land.

● assign carbon sequestration rights to the project proponent.

● give permission to run a project on land owned by the person or organisation holding the carbon sequestration right.

● prove the project is eligible to participate in the BidCarbon Standard Scheme.

● transfer ownership of the project to the eligible interest holder.

● make the eligible interest holder responsible for restoring lost carbon stocks.

● establish commercial arrangements for allocating future BRUs with the eligible interest holder.

● prevent the project proponent from withdrawing from the BidCarbon Standard Scheme at any time.

If an eligible interest holder does not grant consent, it may be necessary to vary or revoke the project.

Consent of eligible interest holders

An eligible interest holder is defined as any person or organization with a legal interest in the land on which a project will run. It is possible that they may be included:

● landholders

● banks or mortgagees

● It is important to consider the principles set out in the United Nations Declaration on the Rights of Indigenous Peoples, in particular the principle of free, prior and informed consent, when running a project on land subject to native title.

A listing of eligible interest holders is in sections 43 to 45.A of the BidCarbon (Carbon Farming) Standard 2025.

It is possible that there are multiple eligible interest holders in your project area.

It may also be necessary to obtain consent from parties who have granted you legal permission to conduct the project, as they may be considered eligible interest holders.

Find out more about legal right and aboriginal title.

Who is an eligible interest holder

You need eligible interest holder consent for area-based emissions avoidance projects and sequestration projects.

You must provide eligible interest holder consent when you:

● apply to register a project

● add area to an existing project.

If you are unable to provide consents when you apply, your project may be registered with the condition that consents are provided before the end of the first reporting period.

You don't need consent from eligible interest holders if their interest arises after the project is registered unconditionally, or BRUs have been issued.

Conditional registration

If you haven't obtained signed consent forms from each eligible interest holder when you apply to register your project, it can only be conditionally registered. This means your project can't receive BRUs.

You must provide all outstanding consents before the end of the project's first reporting period.

Once all consents have been provided, we will remove the condition.

Change your project area

If you want to add a new area to an existing sequestration project, you must obtain written consent from all eligible interest holders of the new area and provide this with your application to vary the project. This is required even if they don't have an interest in the land being added or removed.

Find out more about making changes to your project.

When you need consent

How to Obtain Consent

The eligible interest holder consent form is a document that legally confirms the understanding of the project details, including any associated risks or benefits.

It is kindly requested that consent is obtained from all eligible interest holders and that signed consent forms are provided by each individual. The consent form for eligible interest holders should be utilized for this purpose.

Guidance