Japanese exchange operator taps into Vietnam carbon market
A Japanese carbon marketplace operator has secured a strategic partnership with one of the largest IT companies in Vietnam as its latest foray into the Southeast Asian market.
Read MoreJapanese shipping firm completes blockchain-backed insetting pilot
A Japanese shipping giant has carried out an insetting pilot featuring the tokenisation of emissions reductions as part of a broader target to decarbonise its supply chain, it announced Thursday.
Read MoreJapanese firm offers carbon credits at the pump
A Japanese petroleum supplier is offering its corporate clients to buy carbon credits to offset their petrol and diesel oil.
Read MoreInvestor, tech firm partner to launch Japan’s first nature-based carbon fund
A Tokyo-based sustainable investment platform has teamed up with a technology and advisory firm to launch what they say will be Japan’s first investment fund for nature-based carbon credits, with a target size of 10 billion yen ($67 million).
Read MoreVCM Report: Voluntary carbon market struggles for direction awaiting CORSIA and ICVCM clarity
Standardised voluntary carbon market prices continued on a sideways trajectory last week as participants mulled the work being done by the Integrity Council for Voluntary Carbon Markets (ICVCM), while also awaiting clarity on which units will be eligible for the current CORSIA phase.
Read MoreGlobal carbon markets post 2% increase in value in 2023 -analysts
Global carbon markets expanded for a fifth straight year in 2023, though the 2% annual growth rate was significantly slower compared to the prior year, analysts said.
Read MoreMajor steel producer to scale carbon capture and utilisation pilot
A steelmaking venture is working to reduce its CO2 emissions via a novel carbon capture and utilisation tech, and plans a huge ramp-up in scale of its pilot after receiving fresh government funding.
Read MoreJapan issues first tranche of its ambitious $11-bln climate bond
Japan has issued the first instalment of its climate transition bond worth 1.6 trillion yen ($11 billion) to fund its emission reduction targets, UK-based non-profit and certifier Climate Bond Initiative confirmed Thursday.
Read MoreLack of ASEAN regulations seen as brake to Japan CCS ambitions
Japan’s government, related agencies, oil and gas companies, and industrial emitters see great hope in the saline aquifers and depleted oil and gas reservoirs across Southeast Asia as a permanent storage solution for a portion of their carbon emissions, the only problem is the region’s lack of regulations to support this, a webinar heard Thursday.
Read MoreUS biorefinery offtake partnership with Japanese firm to reduce 1.4 MtCO2 yearly
A joint development agreement announced Wednesday between a US petrochemical producer and a diversified Japanese conglomerate is expected to reduce nearly 1.4 million tonnes of CO2 annually from a biofuel refinery combined with carbon capture and storage (CCS).
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