The Australian carbon offset market sprung back to life last week, with renewed demand from larger trading houses and financial institutions supporting higher prices. Over 360,000 units were traded across the spot, forward and options markets, with higher prices underpinned by strong demand for Human Induced Regeneration (HIR) specific projects. As flagged in our earlier updates, the uptick in demand for higher quality offsets supports the continued ‘flight to quality’ trend, with buyers increasingly selective, both across and within categories, as they seek to minimise greenwashing risks, and avoid potential regulatory risks for some methods.
In response to increasing price
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