#Japan #Tokyo #JPI #GX ETS #清水透

Upcoming JPI Seminar on the GX ETS

The JPI (Japan Planning Institute) is set to host an informative seminar entitled "Benchmark Grandfathering and Pricing Mechanisms within Japan's GX ETS," scheduled for January 16, 2026, from 13:30 to 16:00. This event will feature the expertise of Tohru Shimizu, the Chief Researcher in the Climate Change Group at the Japan Energy Economics Research Institute, who will delve into the key aspects of the new emission trading system (ETS) set to launch in April 2026.

Key Details of the Seminar

The GX ETS (Green Transformation Emission Trading System) marks a significant evolution in environmental policy following the revised GX Promotion Act, which was established in May 2024. The JPI seminar will focus on essential components of the upcoming second phase of the GX ETS. Attendees can expect detailed insights into the mechanisms of free allocation and price limits, as well as a comprehensive overview of the overall design of the system.

Seminar Agenda:

1. Discussion on the Second Phase of the GX ETS
- Historical Context Leading to the GX Promotion Act Revision
- Implications of the Revised Act on the GX ETS
- Detailed Design of the Second Phase of the GX ETS

2. Insights into the Second Phase Mechanics
- Overview of the Entire Framework
- Free Allocation:
a) Allocation of Emission Allowances
b) Free Allocation via Benchmark Methods
c) Free Allocation through Grandfathering Approaches
- Price Limit Setup:
a) Reference Upper Trading Price (Upper Limit)
b) Adjustment Standards Trading Price (Lower Limit)
c) Levels of the Upper and Lower Prices
- Other Institutional Designs:
a) Utilization of Offset Credits
b) Compliance Cycle (Allocation Application, Emission Calculation, Verification, Allowance Retirement, Penalties)
c) Transition Plans and More

3. Future Outlook for the GX ETS
- Perspectives on Free Allowances
- Forecast for Emission Allowance Prices
- Broader Future Projections

4. Open Q&A Session
5. Networking Event:
An opportunity to exchange business cards and expand professional relationships amid the typically challenging networking environment, helping facilitate business growth.

How to Participate

Participants can choose from several formats: onsite attendance, live streaming, or access to an on-demand archive for two weeks, allowing viewers to watch at their convenience.

Fees

The fee for one participant is 37,520 yen (tax included), with a reduced rate of 32,520 yen for subsequent registrations from the same company or affiliated group. Public officials can benefit from a special rate of 11,000 yen for up to two attendees, valid for onsite or live attendance only. Both attendees must register for the same mode of participation.

For details and registration, please visit the JPI seminar page.

Follow-Up Support

Post-seminar, attendees are welcome to engage with the speaker for additional questions and networking opportunities, fostering personal connections that can lead to new business initiatives.

About JPI

JPI has been serving as a bridge between government, academia, and industry for over 50 years. It provides invaluable insights into national policies and projects through exclusive seminars aimed at senior executives and professionals involved in strategic decision-making within the public sector and the business world.