Market Mechanisms

(Contents)

• Study of Emissions Trading Scheme
• Japan’s Voluntary Emissions Trading Scheme (JVETS)
• Experimental Emissions Trading Scheme
• Carbon Offsetting/ Offsetting Credit
• Study of New Flexible Mechanisms
• Kyoto Mechanisms
• Guidelines and Memorandums for Green Investment Scheme

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Study of Emissions Trading Scheme

• Consideration of Emissions Trading Scheme in Japan [PDF 1,423KB]
• Country overview: Japan (May 2011) [PDF 182KB]
• (Tentative Translation) Key Features of Domestic Emissions Trading Scheme in Japan (Interim Report) (Domestic Emissions Trading Subcommittee, Global Environment Committee, Central Environment Council, December, 2010)(2010.12) [PDF 688KB]
• (Short Summary) Key Features of Domestic Emissions Trading Scheme in Japan (Interim Report) (Compiled by the Domestic Emissions Trading Subcommittee, Global Environment Committee, Central Environment Council, December, 2010)(2010.12) [PDF 75KB]
• Scheme Options for Japanese Emissions Trading Scheme Based on Cap and Trade System (2010.9.10) [PDF 468KB]
• Approach to Japanese Emissions Trading Scheme Interim Report (Executive Summary) (08.5.20) [PDF 207KB]

Japan's Voluntary Emissions Trading Scheme (JVETS)

• Japan's Voluntary Emissions Trading Scheme (JVETS) (May 2011) [PDF 981KB]
• Japan's Voluntary Emissions Trading Scheme (JVETS) (09.03.19) [PDF 1,380KB]
• Prototype Project of Voluntary Domestic Emissions Trading Scheme for Fiscal Year 2003 [PDF 22KB]

Experimental Emissions Trading Scheme

• Results of Experimental Emissions Trading Scheme in FY2010 [PDF 412KB]
• Integrated domestic market for Emissions Trading Scheme (Global Warming Prevention Headquarters Decision) (08.10.21)[PDF 142KB]

Carbon Offsetting/ Offsetting Credit

• Offset Credit (J-VER) Scheme (May 2011) [PDF 671KB]
• The Current Status of Carbon Offsetting in Japan (10.3.16) [PDF 2,250KB]
• Carbon Offsetting in Japan(09.9.13) [PDF 1,334KB]
• Forest Carbon Sink Becomes Carbon Offsetting Credit(09.6.3) [PDF 1,534KB]
• Offsetting Credit (J-VER) (09.4.17) [PDF 1,046KB]
• Outline of Carbon Offsetting (09.2.19) [PDF 244KB]
• Statement of Cooperation by DEFRA, UK and MoE, Japan regarding Exchange of Information on Calculating Carbon Footprints and Carbon Offsetting (08.10.09) [PDF 35KB]

Study of New Flexible Mechanisms

• MOEJ Initiatives on Bilateral Offset Credit Mechanism for Mitigating Climate Change (Mar 2012) [PDF] (New Mechanisms Information Platform Website)
• Japan's Initiative toward Establishement of New Mechanisms: Lessons Learnt from Case Studies 2010 (June 2011)[PDF] (GEC Website)
• Views on the elaboration of market-based mechanisms. Submissions from Parties (2011.3.21) (UNFCCC Website)
• MOEJ Initiatives on Bilateral Mechanisms for Mitigating Climate Change (2011.2.23) [PDF 534KB]
• Japan-Viet Nam Joint Statement on the Strategic Partnership for Peace and Prosperity in Asia (2010.10.31) (MOFA Website)
• Action Plan for "A Decade toward the Green Mekong" Initiative (2010.10.29) (MOFA Website)
• Joint Statement Vision for Japan-India Strategic and Global Partnership in the Next Decade (2010.10.25) (MOFA Website)
• Suggestions for a New Flexible Mechanism (2010.9.1) [PDF 649KB]
• REDD+ Database (IGES Website)

Kyoto Mechanisms

• Introduction of Co-benefits Approach to GHG Emission Reduction(10.11.29) [PDF 1,201KB]
• Introduction of Co-benefits Approach for GHG Emission Reduction Projects(09.11.25) [PDF 1,890KB]
• Introduction of Co-benefits Approach for GHG Emission Reduction Projects(08.11.27) [PDF 741KB]
• Promotion of the Business Support Plan for Clean Development Mechanisms (CDM), Joint Implementation (JI), and Emissions Trading (ET) Scheme [PDF 20KB]
• Guidelines for Approval of Projects Relating to Joint Implementation and the Clean Development Mechanism
• Institutional Arrangements in Japan for Use of the Kyoto Mechanisms (22 July, 2002)
• Institutional Arrangements in Japan for Use of the Kyoto Mechanisms (19 July, 2002)
• Feasibility Studies on CDM/JI Projects in 2003 [PDF 138KB]

Link

• Link: Action Plan for Achieving a Low-Carbon Society (Cabinet Office Website) [PDF]
• Link: Kyoto Mechanisms Information platform
• Link: New Mechanisms Information Platform
• Link: Co-benefits Approach
• Link: CDM/JI Feasibility Study (FS) Programme (GEC Website)
  • Reports of CDM/JI Feasibility Studies
  • FS on New Mechanisms Projects/Activities - FS Reports Database
• Link: CDM Publications (IGES Website)
  • CDM in Charts
  • Options on the Future Market Mechanisms under the International Negotiation
  • Towards CDM Reform
  • CDM/JI Project Data
  • CDM in Asian Countries

Guidelines and Memorandums for Green Investment Scheme

Bulgaria

• Memorandum Between Japan and the Republic of Bulgaria on Cooperation under the Kyoto Protocol to the UN Framework Convention on Climate Change (05.12.20) [PDF]

Czech

• Guideline for Implementing the Green Investment Scheme (GIS) (09.03.24) [PDF]
• Memorandum between the Government of the Czech Republic and the Government of Japan on co-operation in the implementation of the UN Framework Convention on Climate Change and its Kyoto Protocol in accordance with Articles 6 and 17 of the Kyoto Protocol (08.09.22) [PDF]

Hungary

• Memorandum between the Government of Japan and the Government of the Republic of Hungary on co-operation in the implementation of the UN Framework Convention on Climate Change and its Kyoto Protocol in accordance with Articles 6 and 17 of the Kyoto Protocol (07.12.18) [PDF]

Poland

• Joint Statement of the Minister of the Republic of Poland and the Ministry of Foreign Affairs, the Ministry of Economy, Trade and Industry and the Ministry of the Environment of Japan on the cooperation regarding the United Nations Framework Convention on Climate Change and Kyoto Protocol to this Convention in accordance with Articles 6 and 17 of the Kyoto Protocol (08.10.14) [PDF]

Romania

• Statement of intent on cooperation between Japan and Romania under the Kyoto Protocol to the United Nations Framework Convention on Climate Change (05.06.01) [PDF]

Ukraine

• Guideline for Implementing the Green Investment Scheme (GIS) (09.03.18) [PDF]
• Memorandum between the Government of Japan and the Government of Ukraine on co-operation in the implementation of the UN Framework Convention on Climate Change and its Kyoto Protocol in accordance with Articles 6 and 17 of the Kyoto Protocol (08.07.14) [PDF]