Japanese firms partner to develop TNFD-aligned voluntary biodiversity credits

Published 12:13 on February 1, 2024  /  Last updated at 12:13 on February 1, 2024  / /  Asia Pacific, Biodiversity, International, Japan

A Tokyo-headquartered asset management firm has teamed up with a tech company to create voluntary credits aligned with the Taskforce on Nature-based Financial Disclosure’s reporting framework, focusing on Japan at first but eyeing international expansion later.

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Japan may legislate carbon capture and storage bill soon -media

Published 10:22 on February 1, 2024  /  Last updated at 10:22 on February 1, 2024  / /  Asia Pacific, Japan

Japan may soon legislate a bill that could provide much-needed regulatory clarity for participants in the domestic carbon, capture, and storage (CCS) market, local media reported Thursday.

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Japanese developer expands carbon business in Vietnam

Published 10:35 on January 30, 2024  /  Last updated at 11:59 on January 30, 2024  / /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

A Japanese project developer has teamed up with a domestic partner in Vietnam to further expand its carbon credit generating business in Southeast Asia, with a rice-focused project in the pipeline.

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Australia “hell-bent” on exporting fossil fuels, over-reliance on land sector to claim emission reductions -analysis

Published 07:16 on January 30, 2024  /  Last updated at 06:05 on February 14, 2024  / /  Asia Pacific, Australia, Japan, South Korea

The Australian Labor government has failed to live up to its pledge to combat climate change more effectively than its predecessor, as it continues to overly rely on emissions cuts from the land sector to enable the expansion of exporting fossil fuel projects, according to analysis published Tuesday.

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VCM Report: Carbon credit prices edge lower, cookstoves shrug off bad press

Published 17:13 on January 29, 2024  /  Last updated at 21:09 on February 1, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

A few big ticket bids kept interest alive in the voluntary carbon market last week that generally edged lower amid thin liquidity, bashed by another bout of bad press.

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Asia Pacific power demand going nowhere but up, as China oversupplies solar PV market

Published 05:46 on January 29, 2024  /  Last updated at 08:48 on January 29, 2024  / /  Asia Pacific, China, International, Japan, Other APAC

China, India, and Southeast Asia will see the strongest growth in power demand this decade and the next, a consultancy forecast Monday.

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Axis and allies: Researchers map countries likely to support, oppose EU’s CBAM

Published 17:24 on January 26, 2024  /  Last updated at 18:00 on January 26, 2024  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US

Researchers have identified the countries most likely to the support the EU’s Carbon Border Adjustment Mechanism (CBAM), and therefore which governments are most willing to accept it amid an objective of securing the policy’s survival and broader adoption globally.

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Japan to boost J-Credit supply with new project registrations

Published 10:06 on January 26, 2024  /  Last updated at 10:06 on January 26, 2024  /  Asia Pacific, Japan

Japan’s J-Credit certification committee on Friday registered 32 new projects to start earning credits under the scheme, while issuing some 75,000 units to existing programmes.

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Japanese trading house to develop woody biomass project in Indonesia

Published 08:12 on January 26, 2024  /  Last updated at 08:12 on January 26, 2024  / /  Asia Pacific, EMEA, Japan, Nature-based, Other APAC, Voluntary

A Japanese trading house has teamed up with a Nordic biomaterial solution provider for the sustainable utilisation of woody biomass, targeting emissions reductions from use of forest resources in Indonesia, it announced Friday.

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Survey adds pressure on SBTi to allow carbon credits for Scope 3 emissions targets

Published 13:13 on January 25, 2024  /  Last updated at 13:35 on January 25, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Pressure is mounting on the Science-Based Targets initiative (SBTi) to allow companies to use carbon credits to meet emissions reductions targets, after a survey of corporate big hitters found a healthy majority said it would galvanise meeting their mitigation goals.

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