These credits can be sold to private buyers, such as corporations wanting to meet environmental goals. The nature repair market is similar in many ways to Australia's existing carbon credit scheme.

Carbon offset schemes have to represent real, additional and permanent abatement. Tracey Nearmy/AAP Historically, these cheap credits have accounted for used in the Climate Active scheme. The ...

Australia's carbon credit scheme was undermined by damning new research Wednesday, which found a world-leading reforestation project had been an underperforming "catastrophe".

They can reduce them, or they can buy and surrender one of two forms of credits, the most significant being Australian carbon credit units (ACCUs) issued under Australia’s carbon offset scheme.

By June 2023, over 37 million carbon credits, valued at between $750 million and $1 billion, each with the promise of removing a tonne of carbon dioxide from the atmosphere, had been issued.

Australia farmers see carbon credits boosting output By Reuters November 16, 20091:03 AM PSTUpdated November 16, 2009 ...

The Australian government has pledged A$30 million to the scheme over four years and the project aims to protect 50,000 ha of forest and flood and replant at least 50,000 ha of drained and cleared ...

The remainder have come from the Australian carbon offset scheme, which issues Australian Carbon Credit Units (ACCUs). But this scheme has also been plagued by integrity problems such as: ...