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Predominantly compliance-based and homogenous by design, the Australian carbon market has many characteristics of the heterogenous voluntary carbon market. This brings complexity but also opportunity for market participants to expand their positive impact and deliver nature and social benefits.
As the world increasingly puts a price on carbon, so do many forward-looking organisations. An internal carbon price can help organisations better align their commercial and climate goals and guide their decarbonisation decisions. We discuss the risks, opportunities and key considerations when setting an internal carbon price.