Japan set to add two new energy efficiency methodologies to domestic offset market

Published 09:01 on June 12, 2024  /  Last updated at 09:01 on June 12, 2024  / /  Asia Pacific, Japan

The committee steering Japan’s J-Credit programme is considering adding two new methodologies to the domestic voluntary programme, encouraging industrial companies to shift towards greener manufacturing processes.

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Australian, Japanese companies team up on biochar, soil health

Published 05:18 on June 12, 2024  /  Last updated at 05:18 on June 12, 2024  / /  Asia Pacific, Australia, International, Japan, Nature-based, Voluntary

An Australian biochar and carbon dioxide removal project developer has formed a partnership with a Japanese agri-tech firm to focus on scaling the global biochar market, they announced Wednesday.

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California-based startup ties carbon deals with Mongolian govt, Mitsubishi

Published 05:14 on June 12, 2024  /  Last updated at 05:14 on June 12, 2024  / /  Americas, Asia Pacific, International, Japan, Nature-based, Other APAC, Paris Article 6, US, Voluntary

A US-headquartered soil carbon startup has signed an agreement with the Mongolian government to introduce regenerative agriculture and provide carbon finance to farmers and herders and with Mitsubishi for a JCM project in the country.

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Conglomerate, developer to offer insurance for forestry-based J-Credits

Published 03:19 on June 10, 2024  /  Last updated at 03:19 on June 10, 2024  /  Asia Pacific, Japan, Voluntary

One of Japan’s biggest conglomerates has teamed up with a developer to offer a compensation insurance arrangement for forestry J-Credit projects in case of natural disasters.

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BRIEFING: Japan wrestles with legal issues ahead of ETS launch

Published 11:59 on June 6, 2024  /  Last updated at 11:59 on June 6, 2024  / /  Asia Pacific, Japan

A government-appointed working group this week began grappling with legal issues flagged by economy ministry officials as potentially challenging, as Japan begins designing its mandatory emissions trading scheme slated to launch in 2026.

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Japanese partnership eyes renewable energy carbon credit push

Published 08:00 on June 5, 2024  /  Last updated at 08:00 on June 5, 2024  /  Asia Pacific, International, Japan, Voluntary

Two Japanese companies announced Wednesday they had joined in an alliance that will seek to generate carbon credits from renewable energy projects, including potentially under the Joint Crediting Mechanism (JCM).

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Report finds Australia well placed to drive the decarbonising of Asia-Pacific steel

Published 07:16 on June 5, 2024  /  Last updated at 07:16 on June 5, 2024  / /  Asia Pacific, Australia, Japan

Australia could be a key intermediary in decarbonising the Asia Pacific’s iron and steelmaking processes, according to a BloombergNEF report released Wednesday, saying it would be more economically feasible compared to other methods being explored by itself and its trade partners.

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A fifth of Japan’s market capitalisation exposed to nature-related risks, study says

Published 00:01 on June 5, 2024  /  Last updated at 16:19 on June 4, 2024  / /  Asia Pacific, Biodiversity, Japan

Nearly 20% of Japan’s market capitalisation is highly dependent on nature, with the energy, food, beverage, and tobacco sectors facing the highest risks, a study has found.

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LSEG, Japanese financial sign VCM collaboration agreement

Published 06:05 on June 3, 2024  /  Last updated at 06:05 on June 3, 2024  / /  Asia Pacific, EMEA, International, Japan, Voluntary

A Japanese financial institution has signed an agreement with the London Stock Exchange Group (LSEG) to collaborate on growing carbon markets, they announced in a joint statement Monday.

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Japan’s biggest steelmaker found falling well short on climate

Published 08:38 on May 31, 2024  /  Last updated at 08:39 on May 31, 2024  /  Asia Pacific, Japan

The biggest steel producer in Japan has set itself emissions targets that are not aligned with the world’s ambitions, relies on inadequate technology to achieve it, and refuses to give up on coal, putting its own future at risk, an industry watch group said Friday.

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