Joint Implementation (JI)
Joint Implementation (JI) projects generate carbon credits known as Emission Reduction Units (ERUs) that are tradable in the international markets. JI projects can follow Track 1 or Track 2 procedure.
Japan submits post 2012 bilateral carbon credits proposalLondon, 1 March 2011: Federation of Electric Power Companies (FEPC) of Japan that consists of biggest carbon credit buyers in the world like Tokyo Electric Power Company, Kansai Electric, Chubu Electric etc has submitted written opinion to the United Nations, requesting them |
Japan Carbon Credit FlowsJapan is an important player in the global carbon market. In order to achieve the 6% reduction commitment as per its obligations under the Kyoto Protocol, it is necessary to reduce annual average total emissions to 1.186 billion ton CO2 per year in the first commitment period 2008-2012. |
