| Type | Paid by | When | Cost |
|---|---|---|---|
| Account opening - project developer / proponent | N/A | N/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 |
| Pending Issuance Unit issuance | Project developer | At validation or subsequent verification if further Pending Issuance Units are issued | £0.15 per unit (of which £0.10 per unit funds Scottish Forestry/IUCN UK Peatland Programme to support the standards) |
| Converting Pending Issuance Units to Woodland Carbon Units | Project developer | At each verification | Minimum fee £100, plus £0.10 per unit for higher volumes** (of which £50 and £0.05 per unit for higher volumes funds Scottish Forestry/IUCN UK Peatland Programme to support the standards).
|
| Woodland Carbon Unit issuance (new Woodland Carbon Units issued at verification, without prior Pending Issuance Unit issuance) | Project developer | At each verification | Minimum £100, plus £0.15 per unit for higher volumes** (of which £50 and £0.10 per unit funds Scottish Forestry/IUCN UK Peatland Programme to support the standards).
|
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 retirement | As required | £90 for up to 10 blocks of credits |
* There is always a minimum fee of £100 at verification. If the combined cost of Pending Issuance Unit conversion and/or Woodland Carbon Unit issuance exceeds £100, the charge is based on the actual unit issuance and conversion fees. The minimum fee is applied at group level where projects are grouped.
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.