Japan, World Bank target JCM offset scheme to pilot Paris Agreement carbon market

Published 15:45 on August 27, 2019  /  Last updated at 15:45 on August 27, 2019  /  Asia Pacific, International, Japan, New Market Mechanisms  /  No Comments

Japan and the World Bank have signed an MoU on the Joint Crediting Mechanism (JCM), aiming to use the offset programme to pilot the emerging international carbon market under the Paris Agreement.

Japan and the World Bank have signed an MoU on the Joint Crediting Mechanism (JCM), aiming to use the offset programme to pilot the emerging international carbon market under the Paris Agreement.

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