Back to news and insights
Carbon Markets

BRIEFING: 2026–27 Safeguard Mechanism review – Timeline, scope, and our top issues that could re-shape the market

Background to the policy review

The Australian Government has committed to review the Safeguard Mechanism in 2026-27 to ensure that the scheme is appropriately calibrated and delivering emissions reductions in line with Australia’s legislated emissions targets.

The review will take place three years after the implementation of Safeguard Mechanism reforms, providing empirical data to evaluate the effectiveness of the policy, true-up baselines to 2030, and ensure that the operation of the scheme after 2030 can support long-term investment in on-site emissions reduction.

While formally positioned as a re-calibration exercise, the review’s breadth, interaction with parallel policy processes, and focus on

Unlock our award-winning research insights

Request access to learn more about our research services, or click here to register for free access to our articles and price information.

Request Access >>

By submitting this request, you will receive access information for the following modules:

"*" indicates required fields

Business email only (Gmail, Outlook, or personal emails not accepted)
Options
[ssba]