#Japan #Climate Change #Tokyo #JPI #GX ETS

Join Us for a Crucial Seminar on GX Promotion Law and ETS

As we approach the implementation of the GX ETS in 2026, understanding the revisions to the GX Promotion Law becomes essential. On June 27, from 1:30 PM to 4:00 PM, JPI (Japan Planning Institute) will host an insightful seminar featuring Tohru Shimizu, a senior researcher at the Climate Change Group of the Japan Energy Economics Research Institute.

This seminar will delve into the intricate details of the revised GX Promotion Law, which aims to streamline the processes related to emission trading systems and carbon pricing. An important aspect of this revision is its anticipated introduction and the discussions around it, expected to commence shortly after its passage in the National Diet as early as June 2025.

Overview of the Seminar

The following topics will be thoroughly covered:

1. Revisions to the GX Promotion Law:
- Overview of the amendments, including potential fossil fuel levies and the specifics of payments by designated business operators.
- Discussion on expected pricing for carbon emissions and the first phase transitioning into the second phase of the GX ETS.
- Details regarding the allocation of emission allowances for decarbonization-focused investments.

2. International Parallels:
- Insight into foreign emission trading systems, such as the European Union Emission Trading System (EU ETS) and South Korea's K ETS, allowing for comparative analysis.

3. Key Challenges and Considerations:
- Discussion surrounding the methodologies for free allowances, setting upper and lower prices, and the utilization of offset credits.
- Concerns regarding overlapping regulations and accurate emissions calculations.

4. Future Perspectives:
- Anticipated developments in the GX ETS landscape and best practices moving forward.

5. Open Discussion Session:
- Attendees are encouraged to submit topics for discussion ahead of time to enable a more engaging dialogue.

6. Networking Opportunities:
- An exchange session for attendees and speakers will follow the seminar, facilitating valuable networking and collaboration opportunities.

Participation Details

Participants can choose from various ways to attend, including in-person, live-streamed, or on-demand viewing for two weeks post-seminar, ensuring flexibility.

• - Fee Structure:

- Individual registration costs ¥37,460 (tax included).
- Discounts available for multiple registrations from the same organization.
- Special rates for local government employees applying for in-person or live-streaming.

For those unable to attend, archive viewing will still be available, allowing broader access to this crucial information. In addition, questions for the lecturer will be accepted post-seminar, fostering further learning.

For more details and to register, please visit our seminar page.

About JPI

The Japan Planning Institute has been a bridge for knowledge collaboration among government, private entities, and academia, emphasizing providing critical information to enhance national policy development for over 50 years. Join us in this opportunity to gain insights that can shape the future of emissions trading and climate action in Japan.