While GGAS has closed and certificates can no longer be created, a small number of ACPs remain accredited under the Carbon Sequestration Rule. These ACPs have advised that they are seeking, or intending to seek, accreditation under the Carbon Farming Initiative and prefer to remain accredited under GGAS. They will remain accredited under GGAS until:
These ACPs are subject to auditing and reporting requirements as a means of ensuring ongoing compliance. The compliance monitoring regime imposed on each ACP is tailored to the accreditation. It specifies the audit regime and whether annual reports are required.
IPART, as Scheme Administrator, imposes ongoing compliance audits on each ACP at the time of accreditation. In determining the appropriate audit regime, the Scheme Administrator exercises its judgment taking into account the individual circumstances of each accreditation. Auditors may be engaged directly by ACPs from organisations on the Audit Panel. However all auditor appointments must be approved by the Scheme Administrator prior to the commencement of the audit.
Standard annual reporting requirements are imposed as a condition of accreditation. Annual reporting by ACPs is a key aspect of the Scheme Administrator’s ability to monitor ongoing compliance with GGAS. The standard scope of the annual reporting condition is designed to confirm:
Annual Report Statement – Carbon Sequestration Rule
Audit Scope - Carbon Sequestration Rule
Carbon Sequestration Rule
Compliance and Performance Monitoring Strategy for ACPs
Guide to Record Keeping for ACPs
Accreditation Documents – Accreditation Notice
Accreditation Documents – General Accreditation Conditions
Accreditation Documents – Restrictions on Use Cover Sheet
Accreditation Documents – Restrictions on Use Terms