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The first-ever international workshop to boost momentum for carbon credit generation from CCS projects
- Leading international collaboration for carbon credit generation from CCS projects -

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Japanese Ver.

February 6, 2023

Japan Organization for Metals and Energy Security (JOGMEC) in collaboration with Japan's Ministry of Economy, Trade, and Industry (METI) and the International Emissions Trading Association (IETA), organized an international online workshop on carbon credits generated from carbon dioxide capture and storage (CCS) projects, entitled “Global carbon market and CCS: Towards ASEAN decarbonization”, on January 25 and 26, 2023.
Carbon dioxide capture and storage (CCS) initiatives towards achieving carbon neutrality are accelerating worldwide. In this regard, JOGMEC co-hosted a two-day workshop on CCS and carbon credits with Japan's Ministry of Economy, Trade, and Industry (METI) and the International Emissions Trading Association (IETA), aiming to promote CCS implementation through appropriate use of carbon credits, thereby contributing to the realization of a decarbonized society in the ASEAN region and beyond.

Many individuals expressed interest in the event, and we received over 1,700 registrations from across the world. It was the first ever international workshop to comprehensively address the debate on carbon credits generated from CCS projects, as well as to share the requirements and future perspectives for existing and under-developed carbon credit schemes. The workshop was highly praised by participants as an advanced initiative that will drive these discussions in ASEAN and globally, contributing to the promotion of the Asia Energy Transition Initiative (AETI) (Note 1) and the Asia Zero Emissions Community (AZEC) (Note 2), which are initiatives led by Japanese government.

JOGMEC will continue promoting the social implementation of CCS projects, contributing to a sustainable energy supply and a carbon-neutral society.

Overview of workshop

1. Day 1
Speakers METI, JOGMEC, IETA, Mitsubishi Research Institute, Global CCS Institute
Contents Overall trends in the carbon markets, Introduction of IETA High-level Criteria for crediting carbon geostorage, CCS credit schemes around the world, Landscape and potential impact of Article 6 on CCS sector, Status of CCS in Joint Crediting Mechanism (JCM), JOGMEC’s comprehensive activities for CCS deployment

  • Mr. SODA Takeshi
    Director, Oil & Gas Division,
    Agency for Natural Resources and Energy, METI

  • Dr. YAMAMOTO Koji
    Vice President, Energy Business Unit
    JOGMEC

  • Mr. Dirk Forrister
    CEO, IETA

  • Ms. SHINCHI Kikuko
    Research Director, Mitsubishi Research Institute

  • Ms. Noora Al Amer
    Senior International Climate Change Policy Advisor, Global CCS Institute

  • Dr. SHIOMI Kensuke
    Assistant Director, Global Environmental Affairs Office, Industrial Science and Technology Policy and Environment Bureau, METI

Ms. TAKANASHI Masumi (Day 1 Moderator) Hydrogen and CCS Project Department, JOGMEC

2. Day 2
Speakers JOGMEC, Perspectives Climate Group, American Carbon Registry, Verra,
CCS+ Initiative, Northern Lights JV, South Pole
Contents Current status of CCS methodologies development (ACR, Verra, CCS+ initiative), Introduction of financial case of Northern Lights, Prospects for CCS in carbon markets, Overview of carbon credits generating from CCS

  • Mr. Matthias Kray
    Managing Director, Perspective Climate Group

  • Ms. Maris Densmore
    Director of Industrial Solutions,
    American Carbon Registry

  • Mr. Gerald Ouellette
    Manager, Energy Innovation, Verra

  • Mr. Christiaan Gevers Deynoot
    Deputy Secretary General, CCS+ Initiative

  • Ms. Elise Roc
    Senior Business Development Advisor,
    Northern Lights JV

  • Mr. Patrick Bürgi
    Co-Founder/ Managing Director Japan,
    South Pole

Dr. NISHIOKA Sakura (Day 2 Moderator)
Hydrogen and CCS Project Department, JOGMEC

Presentation materials and video clips will be posted at the following URL.

References

The inquiry about this page.

Global Coordination Division, Hydrogen and CCS Project Department

Tel +81-43-276-9290

Public Relations Division

Tel +81-3-6758-8106

Fax +81-3-6758-8008

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