JAPAN: Voluntary Emissions Trading Scheme (JVETS)

Meta Data
Title in national language: 
自主参加型国内排出量取引制度(JVETS)
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2011
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy, Power
Energy Types: 
Coal, Oil, Power, Gas
Issued by: 
Office of Market Mechanisms Climate Change Policy Division Ministry of the Environment
Source: 
Ministry of the Environment Government of Japan
File: 
Japan’s Voluntary Emissions Trading Scheme (JVETS)
Overall Summary: 
The document provides for a Scheme outline: It was launched by MOEJ in 2005; supports voluntary CO2 reduction activities by business operators to ensure their emission reduction targets in a cost-effective way with subsidy and emissions trading; and participants of JVETS constitute a part of Experimental Integrated ETS (2008~).
Environment
Carbon markets: 
Japan’s Voluntary Emissions Trading Scheme (JVETS): Subsidy to facilities for CO2 reduction Commitments to reduce CO2 emissions MOEJ; (1) Scheme outline: •Launched by MOEJ in 2005; •Supports voluntary CO2 reduction activities by business operators to ensure their emission reduction targets in a cost-effective way with subsidy and emissions trading.