The International Accounting Standards Board (IASB) added a project on Pollutant Pricing Mechanisms to its reserve list in response to feedback on its Third Agenda Consultation. The project would aim to develop specific requirements for pollutant pricing mechanisms. Reserve list projects are projects that the IASB will add to its work plan if, and only if, additional capacity becomes available before the IASB’s next five-yearly agenda consultation.
The Accounting Standards Board (AcSB) is performing research to understand pollutant pricing mechanisms and the accounting for carbon credits. The Board intends to use this research to inform future international discussions on this topic.