Carbon Markets

UPDATE: Traded activity falls to 4-month low, project-specific HIR demand flows to brokered market

Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period July 15 – 19 2024.

Human Induced Regeneration (HIR) ACCUs led traded volumes last week for the first time since late March, partially a result of thin trading in the Generic ACCU market, as total weekly spot and forward volumes fell to their lowest level in 4-months. Meanwhile, following the announcement of our new HIR ACCUs (Project Specific) price assessment last Tuesday, HIR ‘project-specific’ labelled trades re-emerged into the reported market for the first time since November 2023, as buyers continue to seek information on underlying project attributes, in addition to preferences for specific vintages.

RepuTex’s Carbon Weekly report analyses recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, traded volumes, and key market developments. Analysis considers the Australian market along with international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.

HIR leads traded volumes for first time in 2 months as Generic ACCU activity slows  

For the first time since late March, HIR ACCUs made up the largest source

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