Investors with $6.5 trillion of assets see mixed results in seafood sustainability engagement

Published 00:01 on December 4, 2024  /  Last updated at 16:13 on December 3, 2024  / /  Asia Pacific, Biodiversity, EMEA, Japan

Some 35 investors representing $6.5 trillion in combined assets have engaged with varied results over a year-long outreach with seven seafood companies on sustainability issues such as supply-chain traceability to curb habitat destruction and overfishing.

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EU timeframe for approval of applications to import CBAM goods is too long, industry groups say

Published 17:19 on November 27, 2024  /  Last updated at 17:19 on November 27, 2024  / /  Carbon Taxes, CBAM, EMEA, International, Japan, South Korea

The EU is proposing too long a timeframe for the approval of applications from companies looking to import goods subject to the Carbon Border Adjustment Mechanism (CBAM), according to feedback from industry associations and governments.

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Japanese oil major teams up with domestic partner to drive down emissions in livestock farming

Published 09:54 on November 27, 2024  /  Last updated at 09:54 on November 27, 2024  / /  Asia Pacific, Japan

A top refiner in Japan has secured another partnership to carry out emissions reduction projects in the country’s livestock production industry, targeting the abatement potential in dairy and beef cattle farming for the carbon credit market.

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Japanese policymakers propose 60% emissions cut for 2035 NDC

Published 07:49 on November 26, 2024  /  Last updated at 07:49 on November 26, 2024  / /  Asia Pacific, Japan

Japanese policymakers have proposed setting a 2035 target of cutting greenhouse gas emissions by 60% compared to 2013, as the government is considering a linear path for the country to reach net zero by mid-century.

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Greece, EU unveil ETS-funded multi-billion-euro investment vehicle to decarbonise country’s islands

Published 18:11 on November 22, 2024  /  Last updated at 02:12 on November 23, 2024  /  EMEA, EU ETS, Japan, Kyoto Mechanisms, New Zealand

Greece has unveiled an multi-billion-euro investment vehicle with the EU to decarbonise its islands’ energy sources, raising funding in part from the sale of 25 million carbon allowances.

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Japanese leasing company to support creation of nature-based carbon credits in Southeast Asia

Published 09:38 on November 22, 2024  /  Last updated at 09:38 on November 22, 2024  / /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

A Tokyo-listed financial firm has teamed up with a project developer with an increasing presence in Southeast Asia to pursue the creation of nature-based carbon credits.

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Japan to release policy draft on domestic carbon market soon -media

Published 08:35 on November 20, 2024  /  Last updated at 08:35 on November 20, 2024  / /  Asia Pacific, Japan

The Japanese government is expected to soon release draft regulations for its planned emissions trading scheme, requiring hundreds of domestic emitters to participate in the programme, according to domestic media reports.

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COP29: Singapore, Japan set overseas carbon credit targets for 2030 NDC

Published 10:37 on November 19, 2024  /  Last updated at 10:49 on November 19, 2024  / /  Asia Pacific, International, Japan, Other APAC, Paris Article 6

Singapore and Japan have formulated purchase targets for Paris-aligned carbon credits through 2030.

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COP29: Corporates call for carbon pricing certainty to decarbonise heavy industry

Published 08:46 on November 19, 2024  /  Last updated at 08:46 on November 19, 2024  / /  Americas, Asia Pacific, Canada, EMEA, EU ETS, Japan, US, Voluntary

Heavy-emitting industries point to carbon capture and storage (CCS) as essential to achieve emissions reductions, but the current ecosystem of global carbon pricing measures remains insufficient for scale-up, corporates said on the sidelines of the COP29 global climate summit in Baku, Azerbaijan.

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Japanese trading house, energy company to promote AI-based evaluation system for carbon credits

Published 10:57 on November 18, 2024  /  Last updated at 10:57 on November 18, 2024  / /  Asia Pacific, Japan, Voluntary

One of Japan’s largest trading houses has teamed up with a domestic energy company to develop the use of AI tools in evaluating carbon credit quality, they announced Monday.

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