Introduced on 1 July 2010, the National Carbon Offset Scheme (NCOS) is designed to ensure national consistency and consumer confidence in the voluntary carbon market.

The release of the revised Standard follows a review conducted in late 2011.

The Standard provides guidance on what is a genuine voluntary offset and sets minimum requirements for calculating, auditing and offsetting the carbon footprint of an organisation, product or event to achieve carbon neutrality.

“Carbon credits created under the Carbon Farming Initiative can now be used to meet carbon neutral commitments under the NCOS, providi...