The Natural Capital Credit Consortium (NCCC) of Japan has signed a MoU with AirCarbon Exchange (ACX) to further develop the country’s carbon ecosystem. Professor Shunsuke Managi, Chair of the NCCC, said: “This MOU outlines our plans to establish a new trading scheme for carbon farming, blue ocean industries, and infrastructure within Japan and internationally. By developing a better understanding of how to mitigate emissions, we can establish a new mechanism for registering carbon credits. Furthermore, we plan to collaborate on carbon trading through the exchange in Singapore.”

Source: carbonherald.com