Tokyo exchange to launch new trading categories for agricultural carbon credits

Published 15:30 on December 7, 2024  /  Last updated at 15:30 on December 7, 2024  /  Asia Pacific, Japan, Nature-based, Voluntary

The Tokyo Stock Exchange will introduce two new trading categories for agricultural carbon credits under Japan’s J-Credit scheme, as it seeks to enhance market liquidity and efficiency amid increasing project registrations and certification volumes.

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Japan begins work to align JCM registry with Article 6

Published 08:31 on December 6, 2024  /  Last updated at 08:31 on December 6, 2024  / /  Asia Pacific, International, Japan, Paris Article 6

Japan has opened a public consultation on rules aimed at providing clarity on the registration of international emissions reductions under the Joint Credit Mechanism (JCM) in line with Article 6 of the Paris Agreement.

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BRIEFING: AI-powered global data centre buildout at fork in the road, with energy choices crucial to emissions trajectory

Published 16:01 on December 5, 2024  /  Last updated at 16:04 on December 5, 2024  / /  Americas, Asia Pacific, EMEA, EU ETS, International, Japan, UK ETS, US, Voluntary

A rise in emissions resulting from the boom in data centre energy demand over the coming years will depend on whether countries can overcome power grid issues, obstacles to renewable expansion, and how much of the added electricity consumption is met with fossil-based generation, industry leaders told a summit in Paris this week.

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Nomura AM to add corporate nature opportunities to ESG scores

Published 14:38 on December 5, 2024  /  Last updated at 14:38 on December 5, 2024  / /  Asia Pacific, Biodiversity, Japan

Nomura Asset Management plans to incorporate nature-related opportunity indicators into its proprietary ESG scoring model in the “near future”, an executive has told Carbon Pulse.

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Regional gas lobby releases legal recommendations on cross-border CCS projects

Published 05:30 on December 5, 2024  /  Last updated at 05:30 on December 5, 2024  / /  Asia Pacific, Australia, Japan, Other APAC, South Korea

An industry coalition of energy majors has released a set of recommendations for cross-border carbon capture and storage (CCS) projects in the Asia Pacific, in order to provide the necessary legal clarity in the absence of international regulations.

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Carbon removal buyers club signs offtake agreement with South American biochar developer

Published 00:01 on December 5, 2024  /  Last updated at 16:28 on December 3, 2024  / /  Americas, Asia Pacific, EMEA, Japan, South & Central, Voluntary

A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.

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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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