2024.11.14 Thu.

14:00 - 15:15
Use of Earth Observation Satellite Data for Voluntary Credit
Organizer
Japan Aerospace Exploration Agency (JAXA)
Details

Abstract

In recent years, there has been a growing trend in the establishment of carbon credit exchanges, accompanied by a corresponding rise in trading volumes. In Japan, the Tokyo Stock Exchange has established a carbon credit market in 2023. On the other hand, there are challenges to overcome in the carbon credit market, including ensuring the reliability of the calculation of absorption and emission reductions, and reducing verification costs. To address these challenges, remote sensing data, such as data from Earth observation satellites, is being increasingly utilized.

In this seminar, we will discuss how Earth observation satellite data is useful for ensuring the transparency and reliability of evidence required for carbon credit trading, which is becoming increasingly active around the world, as well as issues and future expectations for satellite data utilization, from the viewpoints of space agencies and private companies.

Program

Opening Remarks

  • MAEJIMA Hironori | Senior Chief Officer of Earth Observation Missions, JAXA

Presentation 1; Earth observation satellites that can contribute to carbon credits

  • OCHIAI Osamu | JAXA

Presentation 2; ESA’s initiatives for the use of EO data to voluntary credit

  • Frank Martin Seifert | European Space Agency (ESA)

Presentation 3; Utilisation of Satellite Data by Voluntary Credit Certification Bodies

  • TBC | Verra

Presentation 4; Potential Applications and Prospects of Remote Sensing Data in Carbon Credit Development

  • IZUTSU Sami | Carbon Solution Business Unit, Sumitomo Corporation

Presentation 5; Utilization of Satellite data for the Nature Based Carbon Credit

  • SENOO Takato | Green Carbon, Inc.

Panel Discussion

Closing Remarks

  • TAKATSUKI Aya | Deputy Director of the Environment and Energy Division, Research and Development Bureau, MEXT

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