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Showing 1 - 10 of 12 results for "Chubb Review"

Carbon market responds to integrity concerns

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025  |  NEWS
... ACCUs are issued by the CER, and improvement of methodology is still ongoing following the recommendations of the Chubb Review - particularly with reference to the HIR method. The carbon market has become a new revenue stream keeping landholders on their ...

Canberra to expand ACCU scheme

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... the recommendations, with work underway to implement parts of 12 of the 15 recommendations in line with the 2022 Chubb Review. "When introduced in 2011, the ACCU scheme was based on sound science, best practice and independent advice," Minister for Climate ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... to prevent the market collapsing and leaving farmers vulnerable. "Last year we welcomed the recommendation of the Chubb Review that the Australian Carbon Credit Units (ACCU) system be overhauled. We also consider that the Chubb Review itself didn't ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... Australia's carbon crediting framework, as it undergoes transparency and governance enhancements recommended by the 2022 Chubb Review, which otherwise found the ACCU framework to be 'essentially sound'." CMI said the operational details of the bill will ...

Kyoto credits cancellation brings tough implications for investors

ROSE MARY PETRASS  |  THURSDAY, 21 SEP 2023  |  NEWS
... available for earning ACCUs," Connor added. In August, the Australian government released recommendations from the Chubb Review, a consultation paper on proposed amendments to the Australian Carbon Credit Unit (ACCU) Scheme, to address integrity concerns. ...

Demystifying ACCUs: What are carbon credits and how do they work? - Gary Wyatt

THE GREENER WAY  |  WEDNESDAY, 26 JUL 2023  |  NEWS
Australian Carbon Credit Units have somewhat been in the firing line recently with the independent Chubb review recommending changes to improve transparency and confidence in the scheme. In this podcast, senior journalist Rose Mary Petrass speaks with ...

Stakeholders weigh in on Nature Repair Market bill

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... (AFMA), Accounting for Nature (AfN) and the Property Council of Australia, called on the government to incorporate the Chubb Review as well as more than 200 submissions from the initial consultation process into the bill. AFMA said it was supportive ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... cutting Australia's greenhouse gas emissions by 43% by 2030 - proposed reforms to the Safeguard Mechanism, the Chubb Review into Australia's carbon offset scheme and proposed introduction of mandatory reporting disclosures on climate following ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... in a cumulative shortfall to 2030. An independent review of the Australian Carbon Credit Unit (ACCU) scheme - the Chubb Review - has found the integrity of key methodologies is generally "sound," while recommending improvements to governance and transparency. ...

Chubb Review recommends reforms to ACCU governance

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
... Allan Gray responsible investing analyst Stephanie Derrington pointed to specific examples to provide insight. "The Chubb Review did suggest there be no more ACCUs issued in respect of avoided deforestation projects," Derrington noted. "However, it somewhat ...
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