Firms that emit greenhouse gases but also want to help revitalize business in the Tohoku region following the Great East Japan Earthquake are being drawn to participate in a carbon dioxide offset trading scheme.
Named J-VER (Japan Verified Emission Reduction), the scheme is a type of carbon-offset program.
Under the scheme, entities practicing silviculture through thinning, planting and other means can enter a certification process to claim credits, depending on how much carbon dioxide their forests absorb.
This presentation was made on 10th April, 2011 at the REDD+ Partnership meeting and workshop held in Bangkok, Thailand. The presentation discusses Japan’s involvement in REDD+ activities.
Please click here to download from REDD+ Partnership website.
The Japan International Cooperation Agency (JICA) Friday said it will continue to support forestry projects in India by making focussed efforts to rejuvenate the forests and help communities earn a sustainable livelihood.
"India is the largest recipient of Official Development Assistance (ODA) from Japan. Since 1991, we have been making focussed efforts to rejuvenate India's forests and help communities earn a sustainable livelihood," said Shinichi Yamanaka, JICA's chief representative in India.
The government of Japan has provided grant assistance of more than 475 million yen (about 4,6 million EUR) for the Japanese International Cooperation Agency (JICA) and Forest Information Management Programme in Laos.
The money will be channelled into the programme via the Ministry of Planning and Investment, with funding coming from the Japanese government’s Grant Aid for Environment and Climate Change, after being donated in March 2010.
Japan aims to start a program to work with companies to reduce greenhouse gas emissions in developing countries in 2013, according to a new set of action plans to be introduced at the climate talks in Durban, South Africa.
The government has been preparing the bilateral offset credit mechanism program to cut emissions by establishing energy management systems and forest protection projects with Japanese companies such as Toshiba Corp. (6502) and Marubeni Corp. (8002) in developing countries. This is the first time that Japan has said when it wants to start the program.
Japan has exemplary carbon credentials. It is amongst the most energy and carbon efficient economies in the world, and one of its most beautiful cities gave its name to the UN’s Kyoto Protocol. Despite extraordinarily difficult economic and political circumstances, Japan is quietly forging ahead with initiatives that speak volumes about its dismay and disaffection for the UN-led process to deliver a global deal after the flawed Kyoto Protocol ends in 2012.
Japan’s Environment Ministry said on Thursday that it has adopted 29 carbon projects under a bilateral offset mechanism, as part of nation’s efforts to achieve its climate goal to cut emissions.
The projects were selected from among 77 proposals made between April 28 and May 26 and cover such areas as waste management, transport, energy savings and avoided deforestation and degradation, the ministry said in a statement.
