|Policy status:||In Force|
|Policy Type:||Voluntary Approaches>Negotiated Agreements (Public-private sector), Economic Instruments>Market-based instruments|
|Policy Target:||Industry, Multi-Sectoral Policy|
|Agency:||Ministry of Economy, Trade and Industry (METI)|
The J-Credit Scheme is designed to certify the amount of greenhouse gas emissions reduced and removed by sinks within Japan.
This scheme, which was created by expansively integrating the Domestic Credit Scheme and the Offset Credit (Ｊ－ＶＥＲ; Japan's verified emissions reduction) Scheme, is administered by the central government. Credits created under the scheme can be used for various purposes, such as achieving the targets of the Nippon Keidanren's Commitment to a Low Carbon Society, and carbon offset.
*Nippon Keidanren: Japan Federation of Economic Organizations
Last modified: Fri, 19 Jun 2015 14:35:49 CEST