The ACCU market continues to see solid traded volumes as participants digest the impact of the newly legislated Safeguard Mechanism Crediting Amendment Bill, and the implications for underlying market fundamentals. Both Human induced Regeneration (HIR) and Generic ACCU units have seen recent price rises, with volumes significantly higher than in recent weeks, while Savannah Fire Management (SFM) units traded for the first time since February. The international Voluntary Carbon Markets (VCM) saw continued volatility on the back of low liquidity, with counterparties crossing increasingly large bid/off spreads in order to transact.
This report analyses current activity in the Australian and international voluntary carbon markets, including spot and forward price dynamics, and prices by underlying project methodologies. 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.
