Major Japanese bank partners with GenZero to fund coal plant closures in Asia
A Japanese bank on Thursday partnered with GenZero, a subsidiary of Singaporean government-owned investment firm Temasek, to develop transition credits for accelerating early retirement of coal-fired power plants in Asia.
Read MoreJapan releases NDC, energy policy to 2040
Japan has approved three sets of policies that will shape the trajectory of the country’s emissions trends and energy development through 2040, including finalising its next Nationally Determined Contribution (NDC) under the Paris Agreement.
Read MoreJapanese developer builds new rice project in Philippines as JCM methodology coverage expands
A Tokyo-based developer has added another initiative to its project pipeline in the Philippines, taking advantage of the Southeast Asian country approving a new methodology under the bilateral Joint Crediting Mechanism (JCM).
Read MoreJapanese shipper sets up carbon insetting programme
Mitsui OSK Lines (MOL) on Wednesday launched a net zero alliance that will establish carbon insetting projects and generate environmental attributes certificates (EACs) from voyages that use its alternative fuels.
Read MoreJapanese companies to develop carbon farming methodology under J-Credit programme
A Tokyo-based project developer has partnered with the seed breeding unit of one of the largest dairy companies in Japan to develop a methodology exclusively for carbon farming, aiming to unlock the abatement potential in the country’s agricultural sector.
Read MoreBRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts
Global carbon markets saw their value marginally rise to above €800 billion in 2024, according to annual research published by analysts, while traded volume jumped by almost 25% year-on-year amid buoyant activity across nearly all systems.
Read MoreGlobal wind and solar capacity expands in 2024, but project delays persist, G7 falls behind -report
The global pipeline of utility-scale solar and wind projects grew by more than 20% in 2024, yet sluggish implementation – notably from the world’s richest countries – continues to hinder progress towards renewable energy targets, according to a new report.
Read MoreJapan’s NYK signs five-year J-Credit purchase agreement
Japanese shipper NYK Line has struck an agreement to buy J-Credits from Mitsui generated from forestry projects in Hokkaido and Akita prefectures, it announced last week.
Read MoreTokyo-based developer tries again with cookstove JCM methodology
A Japanese project developer has made a second attempt to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), the first of its kind under the scheme if approved.
Read MoreRegulator approves 19 J-Credit projects
Japan’s domestic J-Credit scheme has received a boost after the voluntary programme administrator on Thursday said it has approved 19 projects capable of generating a total of around 3.5 million carbon credits over their lifetimes.
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