Draft Environmental Planting ACCU Method Published
The revised environmental planting methodology The Australian Government has released the draft environmental planting Australian Carbon Credit Unit (ACCU) methodology for consultation. The method is intended to replace the 2014 method which will expire at the end of September this year. According to Viridios Capital’s Nature Based Solutions Project Manager, Julia Ward: “Viridios is engaging […]
U.S. publishes 7 principles for voluntary carbon market participation
Joint policy statement on the voluntary carbon market The Biden-Harris Administration has released a joint policy statement and 7 principles for responsible participation in voluntary carbon markets. Co-signed a number of leading figures including Treasury Secretary Janet Yellen, the move reinforces this government’s commitment to advancing the responsible development of VCMs and credible climate action. […]
Guide to the environmental planting ACCU method
Contact an environmental planting Specialist With Australian Carbon Credit Units (ACCUs) developed using the environmental planting methodology trading at a premium to generic ACCUs, this guide provides an overview of the method. It looks at: The audit process Issuance Permanence periods Timelines Challenges and considerations. Provide your contact details to read the full […]
What are Australian Carbon Credit Units (ACCUs)?
Get In Touch An overview of the Australian Carbon Credit Units (ACCU) market in Australia An Australian Carbon Credit Unit (ACCU) is issued by the Clean Energy Regulator (Regulator) and represents one tonne of carbon dioxide equivalent (tCO2-e) not released into the atmosphere as a result of the activity undertaken by a carbon project. ACCUs […]
Cost to generate REDD+ credits in the Voluntary Carbon Market
Contact a REDD+ Specialist This insights paper looks at the cost of generating REDD+ (Reducing Emissions from Deforestation and Forest Degradation) projects and the financing required to ensure their longevity. REDD+ projects are designed to prevent greenhouse gas emissions stemming from deforestation and forest degradation. The paper covers: REDD+ pricing needed to ensure project longevity […]
Supply Constraints on the Horizon as CORSIA Phase 1 Takes Off
Contact a CORSIA Specialist This insights paper looks at CORSIA, the first global market-based scheme to tackle emissions from international aviation. The scheme has been designed to offset CO2 emissions that cannot be reduced through the use of technological improvements, operational improvements and sustainable aviation fuels. With the first phase (2024-2026) now underway, our paper […]
Soil Organic Carbon Review
Contact a soil carbon Specialist Soil carbon dynamics and the potential of management to influence its sequestration and storage is receiving global recognition. The Australian federal government’s emissions trading scheme includes a list of eligible activities landholders can use to earn Australian Carbon Credit Units (ACCUs) through documenting soil carbon stocks over time. In this […]
Viridios Submission Climate Active Program Direction Consultation
Get In Touch Viridios Capital welcomes the opportunity from the Department of Climate Change, Energy, the Environment and Water (the Department) to comment on the future direction of the Climate Active Program, especially at a moment that is, in many respects, an inflection point for carbon markets around the world. We view this consultation as […]
What is Article 6 of the Paris Agreement?
Get In Touch Article 6 of the Paris Agreement provides a high-level approach to creating global carbon markets, envisioning three main approaches: cooperation between parties to the Paris Agreement; the establishment of a centralised mechanism to support sustainable development, where credits could be traded, with participation from both public and private sectors; and “non market” […]
Verra publishes new REDD methodology
Verra, an international standards body focused on environmental and social markets, has published its new REDD methodology designed to reduce emissions from deforestation and forest degradation. The publication of the methodology comes ahead of COP28, which gets under way later this week as the world continues its efforts to combat climate change. With deforestation accounting […]