Viridios Submission to the Safeguard Mechanism Reform Consultation
Get In Touch Viridios Capital welcomes consultation on the Safeguard Mechanism. The Safeguard Mechanism framework can be a meaningful lever supporting Australia in achieving its 2030 and 2050 climate targets. However, in order to support Australia on its trajectory towards a 43 percent reduction by 2030, the Safeguard Mechanism baselines need to be reset, tightened […]
Viridios Capital Builds Policy Team as Carbon Market Reforms Take Hold
AUSTRALIA – Viridios Capital is building its international carbon market policy team with the appointment of two key roles in Australia and the UK.
UN position on base carbon credit price to make real climate impact
The United Nations (UN) has come out publicly with what it believes is an impactful pricing floor on carbon credits so that the world doesn’t experience the devastating climate impact of deforestation.
Verra publishes draft consolidated REDD methodology
Following years of consultation and technical reviews, international standards’ setter, Verra, has published the draft consolidated REDD methodology designed to help ensure the quality and integrity of forest carbon credits.
The European Union Emissions Trading System
The European Union (EU) Parliament approved legislation designed to reduce greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels. Under the reforms:
Australia finally has a carbon price the world will value
For over a decade implementing a carbon price in Australia has been a political graveyard which has buried Prime Ministers and governments.
Blue Carbon Guide
Blue carbon is the term used to describe carbon that is stored by our oceans and coastal ecosystems in algae, seagrasses, macroalgae, mangroves, salt marshes and other plants in coastal wetlands.
Carbon Market Reforms are Generally Positive
On Monday 9 January, the Australian Government published the long-awaited Chubb Review of the Australian Carbon Credits Scheme. So named after the key author, Professor Ian Chubb, formerly Australia’s Chief Scientist.
Chubb Review Findings
In its final report released today, an independent review panel looking at Australian Carbon Credit Units (ACCUs) has found that “the scheme was fundamentally well-designed when introduced”.
Viridios Welcomes Chubb Review Recommendations
SYDNEY – Viridios Group (“Viridios”) has welcomed the release of the Final Report from the Independent Review of Australian Carbon Credits, which has found the scheme is fundamentally well-designed.