Japan Exchange Group (JPX) and Japan’s Ministry of Economy, Trade, and Industry (METI) will establish an experimental market for carbon dioxide (CO₂) emissions trading, marking the first of its kind in Japan. The market will be set up inside the Tokyo Stock Exchange (TSE) and start operating as a technical demonstration project this September. Furthermore, it aims to come into full-scale operation in the fiscal year starting April 2023. Previously, METI launched a framework with companies committed to carbon neutrality called the Green Transformation (GX) League. A total of 440 companies agreed to join the GX league, and these firms are expected to participate in the upcoming carbon trading market. Click to read more.
