Tokyo Stock Exchange Completes Carbon Credit Market Pilot

Since September 22, 2022, Tokyo Stock Exchange has been conducting the Carbon Credit Market Demonstration, which is a trial buying and selling as a part of the “Technical Demonstration Project for Carbon Credit Market” commissioned by the Ministry of Economy, Trade and Industry (METI). Japan Exchange Group is happy to announce that at present, January 31, 2023, was the final buying and selling day of the demonstration. A analysis report on the demonstration shall be ready sooner or later.

News Release
-Last Trading Day for Carbon Credit Market Demonstration
— Japan Exchange Group EN (@JPX_official_EN) January 31, 2023

The complete buying and selling quantity throughout the interval was 148,933 tons of CO2, with 183 firms taking part within the J-credit market as demonstration contributors. In addition, a number of initiatives have been carried out, together with promoting government-owned credit in the marketplace beginning on November 16 and altering the buying and selling class (*1) on January 4. The quantity traded by credit score class is proven under.

Categories of Credits (*2)	Volume（t-CO2）
Renewable Energy	75,255
Energy Saving	73,619
Forest Sink（incl. J-VER）	59
Total	148,933

The buying and selling class was modified on January 4, 2023.
-“Renewable Energy” contains “Renewable Energy” previous to the change in buying and selling class and “Renewable Energy (Electricity)”, “Renewable Energy (Heat)” and “Renewable Energy (Mixed Heat and Electricity)” after the change.
-“Energy Saving” contains “Energy Saving” previous to the change in buying and selling class and “Energy Saving” after the change.
-“Forest Sink” contains “Forest Sink” previous to the change in buying and selling class and “Forest Sink” after the change.
Categories embrace buying and selling beneath “particular person methodology” akin to “Introduction of solar energy technology”.

Source: Tokyo Stock Exchange