Effective date: 30 May 2026. Last revised: 28 October 2026. These are the current published terms for Carbon Trader® website and platform use.
Part 9 - Risk Disclosure Statement
1. Market risk
Carbon credit prices may rise or fall. NZU prices can be affected by regulation, auctions, market supply, forestry activity, demand, policy announcements, economic conditions and sentiment.
2. Liquidity risk
A buyer or seller may not be available at a desired price or time. Smaller, unusual, non-standard, international or high-risk credits may be less liquid.
3. Regulatory risk
ETS rules, voluntary-market rules, tax treatment, registry rules, claim guidance, international accounting, sanctions and financial services rules may change.
4. Credit quality risk
Carbon credits can vary in quality, permanence, additionality, vintage, verification, methodology, project performance, social impact, host-country treatment and reputational risk.
5. Claim risk
A credit may not support the environmental claim a buyer wants to make. Incorrect claims may create reputational, legal, customer, auditor or regulatory risk.
6. Registry and transfer risk
Registries may be unavailable, delayed, restricted, changed, suspended or subject to error. Transfer instructions must be checked carefully.
7. Settlement risk
Settlement risk is reduced through Carbon Trader-managed escrow, but no process eliminates all risk. There may be bank delays, registry delays, buyer default, seller default, AML/CFT holds, disputes or operational incidents.
A seller may choose to sell directly instead of through escrow, and every listing shows buyers, before they buy, whether it is escrow-protected or direct. In a direct sale the buyer pays the seller and the seller transfers the units without Carbon Trader holding either, and Carbon Trader does not check payment, transfer or either party's identity. The buyer bears the risk that the seller does not transfer the units, and the seller bears the risk that the buyer does not pay or that a payment is recalled. Carbon Trader gives no protection in a direct sale.
8. Tax and accounting risk
Users must obtain their own tax and accounting advice. GST, income tax, financial reporting and valuation treatment may vary.
9. Technology risk
Platform outages, API errors, cyber incidents, incorrect user permissions, browser issues or third-party service failures may occur.