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UPDATE: ACCU prices close in on YTD highs as tenders hit the market; key takeaways on ACCU scheme amendments

ACCU prices continued to lift steadily last week, closing in on year-to-date (YTD) highs before easing, as early engagement from Safeguard entities continues to support the new compliance year market. Ahead of the Climate Active reporting deadline, further activity for Savanna Fire Management ACCUs with indigenous co-benefits (ICB) was reported to our Survey Panel, with premiums tightening on the recent uptick in trading. Across the renewable certificate market, Thursday marked a key milestone in the transition towards the Guarantee of Origin (GO) scheme, with the first GO certificates issued.

Thursday also saw DCCEEW release an Exposure Draft outlining amendments to

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