JPX Commences Carbon Credit Market Demonstration
A total of 627 tons-CO2 were traded on the first day!
Japan Exchange Group, Inc. (JPX) is pleased to announce that it has today started trial trading of carbon credits on the Tokyo Stock Exchange as part of the "Technical Demonstration Project for Carbon Credit Market" commissioned by the Ministry of Economy, Trade and Industry (METI).
One of the key focus areas of JPX's Medium-Term Management Plan 2024 is to "promote sustainability that connects society and economy." JPX recognizes that this demonstration is one of the unique ways in which it can contribute to the realization of a low-carbon society.
We will start with the trading of J-Credits, which are already circulating in Japan, and have already received applications from 145 companies, local governments, and other organizations to participate.
JPX hopes that the demonstration will serve as an opportunity to revitalize trading of carbon credits in Japan. We will continue to contribute to the realization of a carbon neutral society by enhancing the effectiveness of the market's functions through discussions with METI and other market participants.