Xpansiv partners with environmental exchange to expand voluntary market presence in Japan

Published 07:55 on July 12, 2024  /  Last updated at 02:24 on July 15, 2024  / /  Asia Pacific, Australia, International, Japan, Voluntary

Market infrastructure provider Xpansiv has teamed up with an environmental commodities exchange to provide Japanese companies with access to the global voluntary carbon market, it announced Friday.

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Malaysia in talks with neighbours to establish CCUS trading agreements

Published 09:33 on July 10, 2024  /  Last updated at 02:53 on July 11, 2024  / /  Asia Pacific, Australia, Japan, Other APAC, South Korea

Malaysia is discussing bilateral agreements with countries in the region to establish itself as a carbon capture, utilisation, and storage (CCUS) hub, while creating rules, regulations, and incentives to attract project developers, an official told a conference Wednesday.

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Japan looks to fund fluorocarbon projects under JCM

Published 10:03 on July 9, 2024  /  Last updated at 10:03 on July 9, 2024  / /  Asia Pacific, International, Japan, Paris Article 6

Japan has issued a funding call under the Joint Crediting Mechanism (JCM) to provide financial support for projects that can achieve greenhouse gas reductions by destroying alternative fluorocarbons from used equipment.

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CCS value chain hopefuls list litany of challenges to overcome

Published 06:29 on July 9, 2024  /  Last updated at 06:29 on July 9, 2024  / /  Asia Pacific, Australia, China, International, Japan, Other APAC, South Korea

Industrial and oil and gas heavyweights have highlighted the long list of challenges that need to be figured out if their aspirations of establishing CCS value chains in Asia are to become a reality.  

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Business coalition urges Japan to ramp up ambition in 2035 NDC

Published 10:33 on July 8, 2024  /  Last updated at 10:37 on July 8, 2024  / /  Asia Pacific, Japan

A coalition comprising major tech companies and environmental groups in Japan has called on the government to set an aggressive emissions reduction target for its 2035 nationally determined contribution (NDC).

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BRIEFING: Japan using glut of gas to spread influence in Southeast Asia at expense of climate, critics say

Published 06:39 on July 8, 2024  /  Last updated at 06:39 on July 8, 2024  / /  Asia Pacific, Australia, China, Japan, Other APAC, South Korea

Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 

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Japan considers government procurement of DAC carbon credits, draft methodologies for project development

Published 10:23 on July 4, 2024  /  Last updated at 10:23 on July 4, 2024  / /  Asia Pacific, Japan, Voluntary

Japan is considering government procurement of direct air capture (DAC) carbon credits in a bid to boost demand, while several relevant methodologies under the domestic offset programme are being developed.

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Japanese consortium to pilot urban DAC technology

Published 09:52 on July 3, 2024  /  Last updated at 09:52 on July 3, 2024  /  Asia Pacific, Japan, Voluntary

A group of Japanese companies will pilot a technology that captures CO2 in urban spaces and uses it to grow vegetables and other plants that can be sold on the spot at places like railway stations in one of the country’s biggest cities.

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Japan publishes draft JCM methodology for rice cultivation, first in agricultural sector

Published 10:26 on June 28, 2024  /  Last updated at 10:26 on June 28, 2024  / /  Asia Pacific, International, Japan, Other APAC, Paris Article 6, Voluntary

Japan on Friday published a draft methodology under the Joint Crediting Mechanism (JCM) for an increasingly popular farming technique, as the country seeks to expand the scope of the bilateral programme to cover overseas agricultural carbon projects.

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Japan picks nine advanced projects to support CCS commercialisation

Published 08:49 on June 28, 2024  /  Last updated at 08:49 on June 28, 2024  / /  Asia Pacific, International, Japan, Other APAC, Voluntary

Japan has selected advanced carbon capture and storage (CCS) projects for the creation of a CCS value chain, as the country aims to secure a capacity of storing up to 12 million tonnes of CO2 by the end of this decade, the government announced Friday.

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