Search Results

Showing 21 - 30 of 502 results for "credit"

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... carbon project developer CO2 Australia, at $0.00091 per share. The developer has not yet generated any Australian Carbon Credit Units (ACCU), but has registered nine projects across Queensland and New South Wales with the Clean Energy Regulator. Avatar ...

Growing scope for investing in natural capital: bfinance

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... "several of these funds offer very low or no recurring yields, with 16% of funds' returns almost entirely driven by carbon credit production and the rest seeing commercial returns supplemented with carbon credit revenue." In timberland, fund offerings ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's first carbon exchange in 2021 ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... biodiversity and renewable energy. The plantations are viable to generate additional future revenue through Australian Credit Carbon Units (ACCUs). David Shelton, managing director, Australia and New Zealand at New Forests commented: "Since New Forests ...

Climate Change Authority releases ACCU and NGERS reviews

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
The Albanese government has received the final reports of two reviews into the National Greenhouse and Energy Reporting (NGER) Scheme and the Carbon Credits (Carbon Farming Initiative) Act 2011. The Climate Change Authority (CCA) is required to review ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
After 36 hours of tense negotiations, the climate agreement for the first time calls on nations to "transition away" from fossil fuels - but does not explicitly call for a fossil fuel "phase out." The first UN Global Stocktake on climate has resulted ...

L'Oréal Groupe invests in First Nations-led biodiversity

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
The world's largest cosmetics company will commit $600,000 to a WA-based native title corporation to support self-determination through biodiversity restoration in degraded croplands. The Esperance Tjaltjraak Native Title Aboriginal Corporation' (ETNTAC) ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... that there is value in a voluntary market-based mechanism for nature-positive activities alongside the Australian Carbon Credit Unit (ACCU) framework, but it should be in addition to, rather than a substitute for, public investment and regulatiosn. "The ...

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... public financing of fossil fuels by the end of 2022. Australia has one year to implement its pledge. Australia's export credit agency provided more than $1.5 billion to finance overseas fossil fuel projects between 2009 and 2020, according to Jubilee ...

Australia joins COP28 gender and just transition partnership

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... Green Climate Fund, which in October 2023 approved a US$152 million equity investment in GAIA. GAIA will provide loans, credit facilities and private bonds to sovereign, sub-sovereign and quasi-sovereign borrowers. The blended capital structure will ...