Asia Pacific > Compliance Markets & Taxes > Value of Australian carbon market grew by 31% in 2024 -analysis

Value of Australian carbon market grew by 31% in 2024 -analysis

Published 05:35 on January 28, 2025 / Last updated at 05:35 on January 28, 2025 / / Asia Pacific (Compliance Markets & Taxes, Pacific)

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The value of the Australian Carbon Credit Unit (ACCU) Scheme reached A$1.1 billion ($688 mln) in the 2024 calendar year as a direct result of compliance buying by companies covered under the Safeguard Mechanism, a report published Tuesday has found.
The value of the Australian Carbon Credit Unit (ACCU) Scheme reached A$1.1 billion ($688 mln) in the 2024 calendar year as a direct result of compliance buying by companies covered under the Safeguard Mechanism, a report published Tuesday has found.


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