Global wind and solar capacity expands in 2024, but project delays persist, G7 falls behind -report
The global pipeline of utility-scale solar and wind projects grew by more than 20% in 2024, yet sluggish implementation – notably from the world’s richest countries – continues to hinder progress towards renewable energy targets, according to a new report.
Read MoreJapan’s NYK signs five-year J-Credit purchase agreement
Japanese shipper NYK Line has struck an agreement to buy J-Credits from Mitsui generated from forestry projects in Hokkaido and Akita prefectures, it announced last week.
Read MoreTokyo-based developer tries again with cookstove JCM methodology
A Japanese project developer has made a second attempt to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), the first of its kind under the scheme if approved.
Read MoreRegulator approves 19 J-Credit projects
Japan’s domestic J-Credit scheme has received a boost after the voluntary programme administrator on Thursday said it has approved 19 projects capable of generating a total of around 3.5 million carbon credits over their lifetimes.
Read MoreHokkaido banks back country’s first programme-based project in dairy farming waste management
Three regional banks in Japan’s Hokkaido prefecture will support an emissions reduction project targeting waste management in the dairy farming sector, they announced, the first of its kind in the country.
Read MoreJapan is backing ‘false solutions’ to decarbonise Indonesia’s coal plants, says NGO
The Japanese government’s efforts to modernise and reduce emissions at one of Indonesia’s largest coal-fired power plants could undermine carbon reduction goals, a green group has claimed.
Read MoreCarbon Pulse launches new Article 6 Portal
In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement.
Read MoreJapanese steelmaker to supply ‘green steel’ pipes to Singapore
Japan’s Nippon Steel said Thursday it will supply a form of lower carbon steel to Singapore’s Hupsteel, one of the largest wholesalers in the city-state, although Japanese environmental groups take issue with this particular type of carbon accounting.
Read MoreJapanese developer launches rice project in Thailand to generate credits
A Japanese project developer plans to convert half of Thailand’s rice paddies to a water-saving cultivation method that it claims could slash the country’s agricultural emissions and provide additional income to its farmers.
Read MoreTokyo trading houses’ Asian gas focus wrong footed -report
Japan’s giant trading houses are lagging in the global move to decarbonise and risk harming regional climate goals and stranding Asian nations with fossil fuel assets that may become obsolete at best or lock in long term emissions at worst, a paper released Wednesday found.
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