Net Zero Transition > Industrial Decarbonisation > Queensland govt issues A$10 mln reef credit purchase guarantee

Queensland govt issues A$10 mln reef credit purchase guarantee

Published 05:10 on September 20, 2023 / Last updated at 08:42 on September 20, 2023 / / Asia Pacific (Pacific), Nature & Biodiversity, Net Zero Transition (Industrial Decarbonisation)

Nature & Biodiversity Pulse

The Queensland state government in Australia has committed A$10 million ($6.4 mln) towards purchasing reef credits from two project developers if they can't find other buyers, in a bid to kickstart the nascent market.
The Queensland state government in Australia has committed A$10 million ($6.4 mln) towards purchasing reef credits from two project developers if they can't find other buyers, in a bid to kickstart the nascent market.


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