RECORDING: Key trends, challenges, and expectations for Australia’s carbon market

Net-zero emissions and decarbonisation are now mainstream terms. As governments and companies come under pressure to commit to lowering their emissions to avoid the catastrophic impacts of climate change, the use of carbon offsets has become a key part of many corporate emissions reduction pledges.

The rush to procure carbon offsets has led to increasing activity and record prices in Australia, while a number of key policy developments, both internationally and locally, are set to shape the future direction of the market.

In this webinar, RepuTex Executive Director, Hugh Grossman, joins Ilona Miller, Head of Baker McKenzie’s global Climate Change Law and Finance Practice, to provide an update on the key trends, challenges, and expectations for Australia’s carbon market in 2022 and beyond. Key topics include:

• Current trends and price dynamics in the Australian carbon market;
• The growing prominence of the voluntary market, including new international standards and principles to facilitate the scaling of the global market;
• Expectations for the international climate negotiations at COP 26, including Article 6 and the transition of the Clean Development Mechanism;
• Implications for the Australian carbon market and an expected ‘flight to quality’; and
• Expectations for Australian market development and