Press Release
July 21, 2026
- Global Environment
The 5th AZEC International Conference to Develop Carbon Markets Held in Hiroshima
<Joint Press Release with the Ministry of Economy, Trade and Industry of Japan>
The Ministry of the Environment (MOE) and the Ministry of Economy, Trade and Industry (METI) of Japan co-hosted the 5th Asia Zero Emission Community (AZEC) International Conference to Develop Carbon Market (AZEC-DCM) in Hiroshima City, Hiroshima Prefecture on July 15, 2026. The energy and environment ministries of AZEC partner countries, as well as representatives of related agencies and private companies, participated in the meeting and engaged in active discussions on developing carbon markets in those countries, including the utilization of the Joint Crediting Mechanism (JCM).
The Ministry of the Environment (MOE) and the Ministry of Economy, Trade and Industry (METI) of Japan co-hosted the 5th Asia Zero Emission Community (AZEC) International Conference to Develop Carbon Market (AZEC-DCM) in Hiroshima City, Hiroshima Prefecture on July 15, 2026. The energy and environment ministries of AZEC partner countries, as well as representatives of related agencies and private companies, participated in the meeting and engaged in active discussions on developing carbon markets in those countries, including the utilization of the Joint Crediting Mechanism (JCM).
■ AZEC International Conference to Develop Carbon Market
(1) The AZEC International Conference to Develop Carbon Market (AZEC-DCM) was launched in May 2025 as a platform for policymakers’ dialogue to discuss matters specified in the Action Plan for Next Decade adopted at the 2nd AZEC Leaders’ Meeting in October 2024. Specifically, the AZEC-DCM addresses enhancing the competitiveness of industries through the visualization of GHG emissions throughout the supply chain and the promotion of high-integrity carbon markets.
(2) To date, four meetings have been convened, and discussions toward the development of the carbon market have been deepened.
(2) To date, four meetings have been convened, and discussions toward the development of the carbon market have been deepened.
■ Key points of this meeting
(1) Meeting Title
5th Asia Zero Emission Community International Conference to Develop Carbon Markets (AZEC-DCM)
(2) Date and Location
Date: July 15, 2026
Location: Hiroshima, Japan
(3) Japanese Government Participants
Ms. OGAWA Masako, Deputy Director-General, Global Environmental Bureau, Ministry of the Environment
Mr. SUGANO Masafumi, Senior Director for Energy and Environment Policy, Ministry of Economy, Trade and Industry
Mr. HAGIWARA Hideki, Deputy Assistant Minister, Deputy Director-General for Export and International Affairs Bureau, Ministry of Agriculture, Forestry and Fisheries
and others
(4) Organizers
Ministry of the Environment, and Ministry of Economy, Trade and Industry of Japan
(5) Agenda
Session 1: Current situation and existing practices in carbon pricing
Session 2: Practical application of carbon credit methodology and leading examples in line with Article 6
Session 3: Domestic frameworks under Article 6 to incentivize foreign investment
Session 4: Development of new approaches for carbon credit
Session 5: Regional cooperation among AZEC partner counties
Wrap-up
5th Asia Zero Emission Community International Conference to Develop Carbon Markets (AZEC-DCM)
(2) Date and Location
Date: July 15, 2026
Location: Hiroshima, Japan
(3) Japanese Government Participants
Ms. OGAWA Masako, Deputy Director-General, Global Environmental Bureau, Ministry of the Environment
Mr. SUGANO Masafumi, Senior Director for Energy and Environment Policy, Ministry of Economy, Trade and Industry
Mr. HAGIWARA Hideki, Deputy Assistant Minister, Deputy Director-General for Export and International Affairs Bureau, Ministry of Agriculture, Forestry and Fisheries
and others
(4) Organizers
Ministry of the Environment, and Ministry of Economy, Trade and Industry of Japan
(5) Agenda
Session 1: Current situation and existing practices in carbon pricing
Session 2: Practical application of carbon credit methodology and leading examples in line with Article 6
Session 3: Domestic frameworks under Article 6 to incentivize foreign investment
Session 4: Development of new approaches for carbon credit
Session 5: Regional cooperation among AZEC partner counties
Wrap-up
■ Related Links
First AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan
Second AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan
Report on the Outcome of the AZEC International Conference to Develop Carbon Market | Press Release | Ministry of the Environment, Government of Japan
Third AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan (Japanese)
Fourth AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan
Second AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan
Report on the Outcome of the AZEC International Conference to Develop Carbon Market | Press Release | Ministry of the Environment, Government of Japan
Third AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan (Japanese)
Fourth AZEC International Conference to Develop Carbon Markets | Press Release | Ministry of the Environment, Government of Japan
Contact
Office for the Joint Crediting Mechanism and International Carbon Market, Global Environment Bureau, Ministry of the Environment, Japan
- Direct number
- +81-3-5521-8246
- jcm-contact@env.go.jp