How does it work

Do you want to diversify your income? Do you want to reduce your carbon footprint? Are you looking to participate in Voluntary carbon market?

Whether you're a farmer, landholder, business, local government, you can participate in the BidCarbon Standard Scheme. The first step is to register your project with us via the Online Services.

Visit Plan your project to learn more about the process before you apply.

Register a project

By running a project, you can earn BRUs for emissions avoidance or storage of carbon dioxide in vegetation and soil.

Each BRU represents one tonne of carbon dioxide equivalent (tCO2-e) of greenhouse gas emissions stored or avoided. Projects that avoid emissions can earn BRUs for up to 7 years. Those that store carbon dioxide can earn BRUs for up to 25 years.

Visit our projects register to see the types of projects that are already underway.

Run a project and earn BidCarbon removal units (BRUs)

The BidCarbon Foundation may delegate procurement to the BidCarbon Climate Trading Company. Auctions give you the opportunity to bid for a  carbon removal contract, where you can choose to sell BRU to the BidCarbon Climate Trading Company, but there is no obligation.

The ability to sell BRUs at a set price provides you with price security while still providing the potential for more lucrative prices to be secured from private buyers.

If you are interested in participating in an auction, see more information on Participating in an auction.

Participate in an auction

You can sell carbon data rights certificates (CDRCs) to other purchasers including businesses and state governments through a fixed commercial agreement or on the spot market at the prevailing market price.

Businesses or other purchasers looking to source CDRCs to offset their emissions or meet emission reduction targets can:

● search the BidCarbon Marketplace to identify parties that may have CDRCs for sale or can facilitate a sale

● search our project register to identify parties that may have CDRCs for sale

● establish an BidCarbon Standard Scheme project to generate BRUs.

See Buying CDRCs for more information.

Selling and purchasing carbon data rights certificates

If you're an investor or other business looking to participate in the carbon markets, find out more about the markets. Read our latest market reports.

See Quarterly BidCarbon Market Reports for more information.

Invest in carbon markets

BRUs represent non-carbon benefits, whereas CDRCs provide financial information. It is important for investors to understand how the project operating entity plans to create long-term value.

In addition to reducing emissions and earning BRUs, BidCarbon Standard Scheme projects can provide a range of other direct benefits, known as non-carbon benefits, which can be monetised. Non-carbon benefits may include environmental, economic, social and cultural advantages for farmers, businesses, landowners, First Nations and communities.

Examples of non-carbon benefits can include:

● improving water quality, reducing soil erosion and reducing salinity through revegetation activities

● improving farm resilience and sustainability through increased diversity of land-use activities

● improving the productivity of farms by replenishing the carbon content of soils

● increasing biodiversity and providing increased habitat for native species

All BidCarbon Standard Scheme projects are required to disclose a Sustainability Statement annually. See ESG Standards for more information.

Sustainability Statement