The Japanese government is set to allocate 20 trillion yen ($137.4 billion) towards decarbonization support, aiming to incentivize companies to actively participate in the emissions trading system (ETS), as reported by Nikkei. While ETS participation is currently voluntary, the government plans to make it a prerequisite for companies to qualify for financial support in their...Read More

The United Nations Framework Convention on Climate Change’s (UNFCCC) strategy for global carbon emissions reduction has undergone a sea change since the 2015 Paris Agreement. While the earlier dispensation of the Kyoto Protocol with a commitment period from 2008 to 2020 mandated only the Annex-1 or developed countries to reduce their emissions as per the...Read More