Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period November 25 – 29 2024.
The Australian carbon market remained subdued last week, with spot trading leading the subdued market and more activity in the ASX ACCU futures exchange. Generic and HIR ACCU prices fell as sellers exerted downward pressure on thin liquidity, though key support levels held steady. Internationally, the regulatory outlook for the Voluntary Carbon Market (VCM) has turned bearish after initial positive sentiment following COP29, where Article 6 implementation agreements were signed yet climate financing goals fell short.
In this Carbon Weekly report, we analyse recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, and traded volumes.