Carbon Markets

UPDATE: Carbon Offset Market Report – Nature-based ACCUs dominate as divergence between broker and bilateral spot price grows

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

The spot price for Australian Carbon Credit Units (ACCUs) fell 0.7% on the week, with limited action in the OTC broker market, where just 20,000 units have been traded in June. Outside the main broker pool, Human Induced Regeneration (HIR)-specific projects continue to trade in volume, with over 500,000 units traded since the commencement of our nature-based ACCU price assessment. Larger volumes are being transacted in the bilateral spot market, currently trading between $37-41/t, as the divergence between the broker pool and the wider secondary market becomes more evident. While the secondary market continues to trade in volume, compliance demand has slowed as larger corporates prepare for Safeguard Mechanism Credits to enter the local mix. Internationally, macro-economic concerns have dented sentiment with price decreases in the nature-based segment more pronounced than in other segments, with both nature-based avoidance and natural capital prices falling, although price movements were not uniform.

This report analyses current activity in the Australian and international voluntary carbon markets, including spot and forward price dynamics, offset issuance and voluntary cancellations. Analysis considers Australian Carbon Credit Units (ACCUs) and voluntary offsets across key international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.

Restricted Access

This is a subscriber report. Please login to access this content.

Tour our EnergyIQ platform

RepuTex research insights and market data is published via our EnergyIQ platform.

Click below to learn more about our services.

Sign up for regular insights

LATEST UPDATES

  • Carbon Markets

    UPDATE: Lumpy buying bumps Generics higher mid-week and HIR down from short term resistance level

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and […]

    Research Insights | February 19th, 2024
  • Carbon Markets

    UPDATE: Intermittent buyer interest in Generic No-AD nudges prices higher

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and […]

    Research Insights | February 12th, 2024
  • Carbon Markets

    UPDATE: Muted ACCU market activity sees Generic/HIR spread compress, voluntary cancellations lower in January

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and […]

    Research Insights | February 5th, 2024
  • Carbon Markets

    OUTLOOK: NEM wholesale electricity and LGC price forecast 2024-43 (Jan-24)

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Our latest Australian Electricity Outlook (AEO) for wholesale electricity and LGC prices in the National […]

    Research Insights | February 1st, 2024
  • Carbon Markets

    UPDATE: ACCU prices continue their rise with recent highs for HIR re-tested

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and […]

    Research Insights | January 29th, 2024
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone