Japan introduces market maker scheme to boost carbon trading liquidity
Japan has decided to officially introduce a market maker mechanism to boost liquidity in its exchange-traded domestic carbon market.
Read MoreSingaporean tech firm teams up with Japanese biofuel developer on sorghum carbon projects
A Singapore-based tech company has partnered with a Japanese biofuel developer to create agriculture-based carbon credits from sorghum production.
Read MoreRemovals buyers club signs CDR offtake agreement with concrete CO2 mineralisation tech developer
A carbon dioxide removal (CDR) venture has made an advanced purchase of CDRs from mineralised CO2 in demolished concrete from multiple projects across Europe, it announced Tuesday.
Read MoreANALYSIS: Japan’s inclusion of CDR credits not expected to stir enthusiasm in domestic carbon market
Japan has opened the door to the use of international credits from carbon dioxide removal (CDR) projects in its domestic carbon market, though market response might be tepid due to the entry threshold and the limited scope of eligible projects.
Read MoreVCM Report: Creeping optimism in future of voluntary market fails to translate into higher prices
Optimism is creeping back into the voluntary market, although prices and liquidity were steady last week, and some standardized prices slipped lower from already very weak levels.
Read MoreJapanese engineering consultancy to explore early-stage nature-based projects
A Tokyo-listed engineering consultancy has teamed up with a climate tech firm to secure credits from nature-based solutions (NbS) around the world through early investments.
Read MoreJapan to allow international carbon removal projects in domestic GX League
The government of Japan has opened the door to the use of international credits in its domestic carbon market, adding four types of eligible carbon removal projects to the GX-ETS.
Read MoreSBTi boss “regrets distress” caused by proposed change to carbon offset use policy
The CEO of the Science Based Targets initiative (SBTi) has reaffirmed the organisation’s dedication to robust science-based decarbonisation standards, saying he “deeply regrets the concern and distress” caused by a proposed change in its policy regarding offsets.
Read MoreJapanese, Indian firms sign deal on green ammonia collaboration
A major Japanese energy company has signed an initial agreement with India’s biggest renewable energy firm on ammonia supply, the second such deal in recent months for a fuel deemed by the Indian government as eligible for export under Article 6 of the Paris Agreement.
Read MoreJapanese oil refiner make first foray into forest carbon
One of Japan’s biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.
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