Japan to launch first exchange for carbon emissions trading

JPX and economy ministry will set up trial section on Tokyo bourse in September

A total of 440 Japanese companies, including Sumitomo Chemical and Panasonic say they want to take part in the emissions trading project. (Source photo by Ken Kobayashi and Mizuho Miyazaki)

KENSUKE YUASA and HIROKO MATSUMOTO, Nikkei staff writers

May 13, 2022 18:05 JST

TOKYO -- Japan Exchange Group (JPX), together with the Ministry of Economy, Trade and Industry (METI), will establish the nation's first market for trading carbon dioxide emissions, Nikkei has learned.

JPX plans to set up an exclusive market inside the Tokyo Stock Exchange (TSE), launching a demonstration project in September. It aims to go into full-scale operation in the fiscal year starting April 2023.