AU Market: Forward ACCU prices yet to factor in fundamental Safeguard demand drivers, analysis says

Published 09:43 on September 5, 2024  /  Last updated at 10:40 on September 5, 2024  / /  Asia Pacific, Australia

The mismatch between forward prices displayed in Australia’s carbon market and projected price increases is a result of fundamental demand drivers failing to be factored into the market, according to analysis published Thursday.

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Climate Change Authority’s sectoral pathway report calls for greater coordination to achieve Australia’s transition

Published 02:57 on September 5, 2024  /  Last updated at 02:57 on September 5, 2024  / /  Asia Pacific, Australia

Australia’s Climate Change Authority (CCA) has published a sectoral pathway report on how the country can reach net zero emissions by 2050, recommending its Safeguard Mechanism and carbon crediting schemes be expanded to help better coordinate the transition.

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Australia’s states need more work to meet emission and renewables targets -report

Published 12:08 on September 4, 2024  /  Last updated at 12:08 on September 4, 2024  / /  Asia Pacific, Australia

Australia’s switch to renewable energy and away from its legacy coal power has been gaining ground but more needs to be done, a report released Wednesday argued.

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Accounting for Nature, University of Oxford partner to enhance biodiversity measurement

Published 10:52 on September 4, 2024  /  Last updated at 10:52 on September 4, 2024  / /  Asia Pacific, Australia, Biodiversity, EMEA, International

Accounting for Nature (AFN) and the University of Oxford have launched a research collaboration to expand nature monitoring globally, with a particular focus on the UK and European contexts.

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Australia Market Roundup: Clean energy investment ticks up as transport emissions continue to rise

Published 08:31 on September 3, 2024  /  Last updated at 11:09 on September 3, 2024  / /  Asia Pacific, Australia

Australian greenhouse gas emissions have continued to flatline, as gains in the electricity sector are wiped out by rising transport emissions, according to government reporting.

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Second human-induced regeneration ACCU project gateway report calls for a focus on in-situ monitoring

Published 07:33 on September 3, 2024  /  Last updated at 07:33 on September 3, 2024  / /  Asia Pacific, Australia

A report into Australia’s human-induced regeneration (HIR) projects has argued that on-the ground, or ‘in-situ’, reporting measures are crucial to ensure abatement assurance, because national datasets are unreliable in the remote areas where projects are located.

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Australian agtech firms team up to propel sustainable farming through environmental crediting initiatives

Published 15:54 on September 2, 2024  /  Last updated at 15:54 on September 2, 2024  /  Asia Pacific, Australia, Nature-based, Voluntary

Two Australian agtech firms have announced a strategic alliance to look into developing environmental crediting programmes aimed at promoting sustainable farming practices.

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Scientists design method to improve small landholders’ access to biodiversity credit markets

Published 12:43 on September 2, 2024  /  Last updated at 12:43 on September 2, 2024  / /  Asia Pacific, Australia, Biodiversity, International

Scientists in Australia have developed a biodiversity monitoring method tailored to small landholders seeking to access the voluntary biodiversity credit market.

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Australia seeks feedback on Nature Repair Market rules

Published 11:51 on September 2, 2024  /  Last updated at 11:51 on September 2, 2024  / /  Asia Pacific, Australia, Biodiversity

The Australian government on Monday launched a one-month consultation on some of the technicalities of its Nature Repair Market (NRM) scheme, including rules around project registration, biodiversity certificates, and the register.

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APAC carbon service provider, biodiversity project developer launch hybrid credit solution

Published 10:59 on September 2, 2024  /  Last updated at 10:59 on September 2, 2024  / /  Asia Pacific, Australia, Biodiversity, International, Nature-based, Voluntary

An Australian biodiversity credit provider has partnered with a carbon credit supplier for what they describe as a new environmental impact offering which combines traditional nature-based credits with one square metre of 20-year biodiversity protection.

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