Tokyo Stock Exchange Announces Date for Carbon Credit Market Launch in Oct 2023.

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  • 27 Sep 2023
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Tokyo Stock Exchange Announces Date for Carbon Credit Market Launch in Oct 2023.

The Tokyo Stock Exchange (TSE) has officially announced that its carbon credit market will commence trading on October 11, 2023. The market is expected to have 188 participants at its launch, with applications for registration ongoing. TSE aims to provide a dedicated platform for carbon credit trading within Japan, enhancing transparency by publicly disclosing carbon credit prices. The initiative builds on insights gained from a demonstration project conducted in the fiscal year 2022 and leverages TSE's market operations expertise. Participants in the market come from various sectors, including business corporations, financial institutions, and local governments. The launch aligns with the JPX Group's mission to contribute to greenhouse gas emissions reduction and sustainable economic growth in Japan.

Source: Carbonherald