Australian Carbon Credit Units
Across FY26, ACCUs have remained within a narrow price range.
Between July 2025 and June 2026, Reputex reported the generic ACCU price trading between $34 to $38.65. This time last year, prices sat at $34, while the current spot price is $37.90.
Total traded volumes for the year sit at approximately 33Mt, down from 42.4Mt in FY25.
The spot market made up 70% of the FY26 market.
Compliance demand from Safeguard Mechanism entities is expected to keep growing in the short-to-medium term as baseline decline rates reduce each year. Demand is expected to peak in the late 2030s.
Reef Credits
Reef Credits have had a quieter, but positive twelve months.
Reef Credits are sold through direct, bilateral negotiated deals, so there’s no single benchmark price to point to – but activity in the market has continued to build.
The spot price for Reef Credits is currently $150. Demand continues to come from government, corporate and institutional clients wanting measurable water quality outcomes.
Notable Reef Credit clients in the last 12 months include the Sydney Opera House Trust, Passions of Paradise and Queensland Alumina Limited.
