Green group brands Japanese plastic-to-oil plan a “distraction”
An anti-plastics waste group has poured cold water on a consortium of Japanese heavyweights’ plans to skim microplastic from the surface of a harbour and turn it into oil, suggesting it is nothing more than a “distraction” in the climate debate.
Read MoreJapanese trading firm to back millions of forest offsets with 3D measurement system
One of Japan’s major trading houses has teamed up with a software provider to help create millions of domestically issued forest-based offsets based on a 3D measurement system, it announced Thursday.
Read MoreJapan, UAE to strengthen cooperation on energy security and climate change
The climate envoy of the United Arab Emirates this week concluded an official visit to Japan ahead of COP 28 in November, as the two countries aim to strengthen their partnership on energy security and climate finance.
Read MoreMajor Japanese shipping firms join forces to build global liquefied hydrogen supply chain
Japan’s three largest shipowners on Tuesday announced their newly acquired stakes in a joint venture, as part of their effort to build up a global liquefied hydrogen (LH2) supply chain.
Read MoreVCM Report: Bounce in V18 standardised REDD contracts masks moribund market
A slight price recovery in nearby futures for REDD avoided deforestation credits over the past week provided one of the few bullish signs for the voluntary carbon market (VCM), which remains in limbo while the first badges of integrity are readied by the cross-stakeholder body ICVCM and faces increasing competition from the rise of Paris Agreement-approved units.
Read MoreJapan, Malaysia eye 2028 start for CCS partnership
Japan will start talks with Malaysia to store its captured CO2 in the Southeast Asian country from 2028 as part of Tokyo’s broader decarbonisation strategy, Nikkei has reported.
Read MoreJapanese developer teams up with agtech solution provider to create domestic offsets
A Tokyo-based offset project developer is planning to work with a smart agricultural solution provider to expand its credit-generating business in Japan, eyeing rice cultivation projects.
Read MoreCountries make patchy progress on power sector decarbonisation amid signs of hope -analysts
Countries have made mixed progress in decarbonising their power sectors in line with Paris Agreement targets but there are some signs of hope, with finance key to developing countries meeting fossil fuel phase-out targets, according to research published on Tuesday.
Read MoreJapanese trading house, airline throw weight behind blue carbon initiative
One of Japan’s largest trading houses and a major airline have teamed up with a university to explore the potential for mangrove plantations and biodiversity conservation in Kagoshima Prefecture that would generate marine-based carbon credits for the growing domestic carbon market.
Read MoreA swifter Asia-Pac net-zero plan will drive regional GDP up, report finds
Several Asia-Pacific economies have yet to see their greenhouse gas emissions peak, but speeding up the decarbonisation process could be a boon for their GDP, according to a report released Tuesday.
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