TSE Cash Markets

The Opening Date of the Carbon Credit Market

TSE

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September 22, 2023 1 min read
The Opening Date of the Carbon Credit Market

Tokyo Stock Exchange, Inc. decided to open the carbon credit market on October 11, 2023.
The number of "Carbon Credit Market Participants" at the day of the opening date, is 188 participants. For the list of participants, please refer to the link below. Application for registration as a Participant is accepted at any time.

Comment from Mr. Moriyuki Iwanaga, President and CEO of Tokyo Stock Exchange, Inc.

We are pleased to announce that we will open the carbon credit market on October 11 2023 as an official market of the JPX Group, from the perspective of providing a place to trade carbon credits in Japan and to publicly announce the price of carbon credits, taking advantage of the knowledge gained from the "Carbon Credit Market Technical Demonstration Project" implemented in FY2022 and the market operation experience.

In addition, the number of initial registration Participants reached 188, which was higher than the 183 Demonstration Participants in the demonstration project last fiscal year. We receives registrasions from a wide range of industries, including business corporations, financial institutions, and local governments.

The opening of the carbon credit market is intended to enable the JPX Group to play a role in supporting both the reduction of greenhouse gas emissions and sustainable economic development in Japan, and we are committed to work together with all stakeholders to make the carbon credit market more active, taking into account the government's policy on emissions trading schemes.