Sustainability and carbon market news

Australian facilities covered by the Safeguard Mechanism (SGM) surrendered significantly more carbon credits in the 2024–2025 financial year, with demand rising 52% compared to the previous year. An industrial worker and an office professional...

A native afforestation project designed to restore habitat for Australia’s endangered koala has secured a notable premium in its first reported carbon credit transaction. Koala calmly resting on a tree, surrounded by the lush greenery of an...

As the calendar turns to 2026, the Australasian carbon markets are entering a pivotal phase of structural adjustment. In Australia, the convergence of tightening regulatory baselines and new contractual flexibilities is creating a complex...

Australia has unveiled its updated environmental target under the Paris Agreement, committing to cut greenhouse gas emissions by 62%–70% from 2005 levels by 2035. The new pledge builds on its 43% reduction target for 2030 and highlights the role of...

The Australian state of Victoria has introduced a new funding initiative to encourage landowners to develop forestry projects capable of generating carbon credits. Announced on 4 August, the Victorian Trees on Farms Programme (VTOF) offers financial...

Australia’s carbon market is off to a robust start in 2025, with a record number of Australian Carbon Credit Units (ACCUs) traded in the first quarter, and Queensland stepping up to drive future supply through a major funding round. A koala resting...

Australia is set to host its largest-ever forestry-based carbon project by land area, following the submission of a new application to the Clean Energy Regulator. The proposed Environmental Plantings (EP) initiative will span 30,000 hectares and...

Australia’s carbon credit prices climbed to their highest levels in nearly four months on Monday, following the Labor Party’s strong performance in the federal election and Prime Minister Anthony Albanese’s re-election. Forestry workers planting...

Australian land restoration firm Covalent Land is preparing to undertake the largest Environmental Plantings (EP) project in the country’s history, with plans to reforest 3,000 hectares in 2025. This marks a new milestone for carbon farming in...

The price of Australian Carbon Credit Units (ACCUs) is projected to surge by 75% to AUD 70 per tonne of CO2 equivalent by 2025, according to a report by Australian bank ANZ. The increase is attributed to rising demand from big emitters under...

Australia has seen a record rise in new forestry-based carbon credit projects this year, driven by big emitters and an impending expiration of an existing method. According to the Clean Energy Regulator (CER), environmental planting (EP) project...

Australian airline Qantas has partnered with mining heavyweights Rio Tinto and BHP to launch a new fund to develop nature-based carbon projects in Australia. This initiative, the Silva Carbon Origination Fund, is set to raise $165 million to manage...

The Australian government is preparing to introduce its first-ever green Treasury Bond, targeting an issuance window between April and June 2024. The bond, which will mature in June 2034, signifies a strategic pivot towards sustainable and ethical...

In a significant push towards environmental sustainability, Winchelsea, Australia, hosted a key forum on 22 March 2024 focused on addressing carbon emissions in the agricultural sector. The Surf Coast Inland Plains Landcare Network and the Upper...

DGB Group, a leading nature-based project developer, announced the upcoming launch of its biodiversity credit pilot project in Australia and a plastic credit initiative in Sri Lanka, marking significant milestones in its journey towards...

In a significant move towards sustainable financing, the Queensland Treasury Corporation (QTC) has raised a notable portion of its $9.52 billion funding goal for 2023–2024, with the issuance of a bond yielding 4.75%. Rated AA+ by S&P Global and Aa1...

Australia has witnessed a historic surge in the issuance of Australian Carbon Credit Units (ACCU), each representing one tonne of CO2. The latest data from the Clean Energy Regulator (CER) reveals a remarkable increase in ACCUs, with 7 million...

Western Australia is set to halt commercial logging in its old-growth and native forests from the beginning of next year, following a government plan released on 15 December. The initiative aims to protect the state's biodiversity, including trees...

Sealord, a large seafood company in the Southern Hemisphere, in partnership with Te Arawa Fisheries and New Zealand Carbon Farming, is taking a pioneering step towards carbon neutrality. The company has committed to investing $10 million over the...

The Australian government introduced a new Nature Repair Bill to parliament, which will issue tradable certificates to landholders who undertake activities to increase biodiversity and repair the environment. These certificates will be tracked on a...