Fees for using the UK Land Carbon Registry

Account fees

TypePaid byWhenCost
Account opening - project developer / proponentN/AN/A Free
Account opening - corporate end user

Corporate end user

Account holder

Before account opening

£400 for businesses

£200 for non-governmental organisations

Account opening - trader or retail aggregator

Trader or retail aggregator

Account holder

Before account opening£750
Annual account management - trader or retail aggregator

Trader or retail aggregator

Account holder

Annually on anniversary of account opening

£750

Fees at validation

TypePaid byWhenCost
Pending Issuance Unit issuanceProject developerAt validation 

£0.15 per unit  

(of which £0.10 per unit funds Scottish Forestry to support the code)

Fees at verification

There is always a minimum fee of £100 at verification, even when no units are being issued or converted. If projects are grouped, the minimum fee of £100 will be applied at the group level.

If the combined cost of any Pending Issuance Unit issuance, conversion and Woodland Carbon Unit issuance is more than £100, the charge will be based on the issuance and conversion fees.

For example, if the total cost of conversion and issuance is £80, you will be charged £100. If the total cost of conversion and issuance is £120 you will be charged £120.

TypePaid byWhenCost
VerificationProject developerAt each verification

Minimum fee £100 

(of which £50 funds Scottish Forestry to support the code)

Converting Pending Issuance Units to Woodland Carbon UnitsProject developerAt each verification

£0.10 per unit for higher volumes

(of which £0.05 per unit funds Scottish Forestry to support the code)

Pending Issuance Unit issuanceProject developerAt verification if further Pending Issuance Units are issued

£0.15 per unit for higher volumes

(of which £0.10 per unit funds Scottish Forestry to support the code)

Woodland Carbon Unit issuance (new Woodland Carbon Units issued at verification, without prior Pending Issuance Unit issuance)Project developerAt each verification

£0.15 per unit for higher volumes

(of which £0.10 per unit funds Scottish Forestry to support the code)

Administrative fees

TypePaid byWhenCost

Reinstating units assigned or retired in error (reported within 72 hours of assignment/ retirement with evidence to confirm the error)

Account holder who instigated the assignment or retirementAs required£90 for up to 10 blocks of credits

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