
Australia’s updated 2035 emissions target, announced in September, has set a more ambitious national course for decarbonisation. Alongside this, a series of policy developments are beginning to influence market behaviour and expectations. These shifts are reflected in the updated ACCU market forecast.

Australia’s carbon market is maturing - and in Q1 2025, clear signals of this have emerged. These signals, and their implications, are captured in CORE Markets’ latest quarterly ACCU supply, demand and price forecast.