Viridios Submission Climate Active Program Direction Consultation

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 important and opportune given the conversations occurring globally on the potential roles for carbon credits/offsets, as well as the re-thinking of the concepts of “carbon neutrality”, “net-zero” and related concepts.