Asia Pacific > Compliance Markets & Taxes > Safeguard Mechanism compliance sees 7.1 mln ACCUs surrendered, 2.7 MtCO2e reduced

Safeguard Mechanism compliance sees 7.1 mln ACCUs surrendered, 2.7 MtCO2e reduced

Published 06:14 on April 15, 2025 / Last updated at 12:40 on April 15, 2025 / and / Asia Pacific (Compliance Markets & Taxes, Pacific)

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Entities covered under the Safeguard Mechanism surrendered 7.1 million Australian Carbon Credit Units (ACCUs) in 2023-24, as the scheme completed its first compliance cycle after extensive reforms were introduced.
Entities covered under the Safeguard Mechanism surrendered 7.1 million Australian Carbon Credit Units (ACCUs) in 2023-24, as the scheme completed its first compliance cycle after extensive reforms were introduced.


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