Japan ministries sign off on carbon trading plans, voluntary approach likely

Published 14:21 on August 25, 2021  /  Last updated at 14:21 on August 25, 2021  /  Asia Pacific, International, Japan, New Market Mechanisms, Other APAC, Voluntary Market  /  No Comments

Japan’s Economy, Trade and Industry (METI) and Environment (MoE) ministries have signed off on separate interim plans for a carbon pricing mechanism, with the former’s proposal based around a voluntary baseline-and-crediting scheme as well as access to offsets generated home and abroad appearing to be the frontrunner.

Japan’s Economy, Trade and Industry (METI) and Environment (MoE) ministries have signed off on separate interim plans for a carbon pricing mechanism, with the former’s proposal based around a voluntary baseline-and-crediting scheme as well as access to offsets generated home and abroad appearing to be the frontrunner.

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