Japanese companies team up to develop new forest offset methodology, conduct pilot project

Published 11:56 on October 17, 2024  /  Last updated at 11:56 on October 17, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

A group of Japanese companies and academic institutions have teamed up to develop a new offset methodology and create carbon credits by utilising forests in Tokyo’s Tama region, they announced Thursday.

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Japan to lead captured CO2 trade in Asia-Pacific by mid-century, but massive government support needed -analysts

Published 09:57 on October 17, 2024  /  Last updated at 09:57 on October 17, 2024  / /  Asia Pacific, Japan

Japan is likely to emerge as the lead trading hub for captured CO2 by 2050 in the Asia-Pacific region, but at least $10 billion in government support is needed for carbon capture, utilisation, and storage (CCUS) deployment, analysts said. 

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APAC needs $89 trillion in energy sector investment to achieve net zero, report says

Published 09:32 on October 16, 2024  /  Last updated at 09:32 on October 16, 2024  / /  Asia Pacific, China, Japan, Other APAC, South Korea

The Asia Pacific region will need energy sector investments of around $89 trillion from now to 2050 to achieve net zero by mid century, according to a report released Wednesday.

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Japan to add J-Credit methodology for N2O reduction in sewage treatment

Published 09:10 on October 15, 2024  /  Last updated at 09:10 on October 15, 2024  / /  Asia Pacific, Japan

Japan is planning to add a new carbon offset methodology for sewage treatment projects that introduce N2O decomposition equipment to its national J-Credit programme.

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Japan picks single project for JCM after advanced decarbonisation tech tender

Published 14:24 on October 11, 2024  /  Last updated at 14:24 on October 11, 2024  /  Asia Pacific, Japan, Other APAC, Paris Article 6, Voluntary

Japan has decided to subsidise a single project to develop under the Joint Crediting Mechanism (JCM) after issuing a tender earlier in the year calling for hydrogen or other advanced decarbonisation technologies not yet included in the scheme.

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Japanese offset developer secures local partners for expansion in Thailand

Published 09:13 on October 10, 2024  /  Last updated at 09:13 on October 10, 2024  / /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

A Japanese offset developer has secured partnerships with local partners to expand its presence in Thailand’s voluntary carbon sector. 

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85% of banks worldwide still open to financing new coal -report

Published 00:01 on October 8, 2024  /  Last updated at 16:01 on October 7, 2024  / /  Americas, Asia Pacific, EMEA, International, Japan, Voluntary

Some 85% of banks are open to financing new coal projects, and only 8% of banks are committed to ending project financing of new oil and gas fields, according to research published on Tuesday.

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Australian energy firm partners with Japanese government agency to manage methane emissions

Published 08:29 on October 7, 2024  /  Last updated at 08:29 on October 7, 2024  / /  Asia Pacific, Australia, Japan

An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.

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Japanese companies team up to cut emissions from LNG value chain

Published 08:16 on October 4, 2024  /  Last updated at 08:16 on October 4, 2024  / /  Asia Pacific, Japan, South Korea

Dozens of companies in Japan have endorsed a government-backed initiative that aims to reduce methane emissions in the liquefied natural gas (LNG) value chain, according to local media reports.

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Japan-led AZEC could deepen fossil fuel reliance in the region, report says

Published 22:00 on October 3, 2024  /  Last updated at 05:31 on October 2, 2024  / /  Asia Pacific, International, Japan, Other APAC

Japan’s regional energy transition initiative featuring the promotion of nascent technologies could in turn deepen developing countries’ reliance on coal or liquefied natural gas (LNG), according to a report released Friday.

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