2022.12.22 　Mitsubishi Research Institute, Inc.


Japanese version

In April 2021, Japan Organization for Metals and Energy Security (JOGMEC) formulated the "Carbon Neutral Initiative” which sets forth policies for strengthening Japan's energy security and addressing climate change. JOGMEC has launched various projects with the aim of ensuring energy security and contributing to a decarbonized society. In particular, JOGMEC positions carbon dioxide capture and storage (CCS) as a technology that would contribute to the stable supply of energy resources and the realization of carbon neutrality by 2050. The organization intends to accelerate its efforts to support domestic and international CCS projects promoted by Japanese companies and strengthen international collaboration with particular focus on ASEAN.

In order to facilitate CCS project development and contribute to decarbonization, it is necessary to foster common understanding on the potential of CCS in climate change mitigation as well as issues such as emission reductions accounting methodologies and risk management. To that end, it is important to learn from precedents and participate in international discussions.

Additionally, knowledge sharing on good practices in using the carbon market will be key in work towards creating high quality carbon credits including evaluation of co-benefits other than mitigation impact.

As part of these efforts, in collaboration with Ministry of Economy, Trade and Industry (METI) and International Emissions Trading Association (IETA), JOGMEC will hold a workshop on the topic of carbon credit and creation of environmental value by CCS with the aim to facilitate CCS deployment through the appropriate use of carbon markets.

* The descriptions below are the contents (topics) of the presentations, not the titles of the presentations.
* There is a possibility that this agenda may be changed.

(1) Overview of workshop

Masumi Takanashi

Project Director, Global Coordination Division, Hydrogen and CCS Project Department
JOGMEC

(2) Opening remark

Takeshi Soda

Director, Oil & Gas Division,
Agency for Natural Resources and Energy (ANRE)
Ministry of Economy, Trade and Industry (METI)

(3) Keynotes

Comprehensive activities for CCS

Koji Yamamoto

Vice President, Energy Business Unit
Japan Organization for Metals and Energy Security (JOGMEC)

Presentation material

Overall trends in the carbon markets / Introduction of High-level Criteria

Dirk Forrister

CEO
International Emissions Trading Association (IETA)

Presentation material

(4) Presentations

CCS credit schemes around the world

Kikuko Shinchi

Research Director
Mitsubishi Research Institute, Inc. (MRI)

Presentation material

Landscape and potential impact of Article 6 on CCS sector

Noora Al Amer

Senior International Climate Change Policy Advisor
Global CCS Institute (GCCSI)

Presentation material

Status of CCS in Joint Crediting Mechanism (JCM)

Kensuke Shiomi

Assistant Director, Global Environmental Affairs Office, Industrial Science and Technology Policy and Environment Bureau
Ministry of Economy, Trade and Industry (METI)

Presentation material

(5) Sum up of Day1

Masumi Takanashi

Project Director, Global Coordination Division, Hydrogen and CCS Project Department
JOGMEC

(1) Overview of Day 2 discussion

Sakura Nishioka

Deputy Director, Global Coordination Division, Hydrogen and CCS Project Department
JOGMEC

(2) Presentations

How carbon credit increases the economy of CCS project

Matthias Krey

Managing Director
Perspectives Climate Group

Presentation material

CCS methodology development in American Carbon Registry (ACR)

Maris Densmore

Director of Industrial Solutions
American Carbon Registry (ACR)

Presentation material

Verified Carbon Standard Basic Requirements for Geological Carbon Storage (GCS) activities

Gerald Ouellette

Manager, Energy Innovation
Verra

Presentation material

CCS methodology development in CCS+ initiative

Christiaan Gevers Deynoot

Deputy Secretary General
CCS+ initiative

Presentation material

Introduction of financing case in Northern Lights

Elise Roc

Senior Business Development Advisor
Northern Lights JV

Presentation material

Possibility of crediting / offsetting through CCS including Scope 3

Patrick Bürgi

Co-Founder / Managing Director Japan
South Pole

Presentation material

(3) Sum up of Workshop

Sakura Nishioka

Deputy Director, Global Coordination Division, Hydrogen and CCS Project Department
JOGMEC

Speaker biography

Presentation abstract

For Inquiry on the Content

Mitsubishi Research Institute, Inc.
Kikuko Shinchi, Tetsuya Nomoto, Noriko Kimura, Ha Vu, Nanako Otani

For Inquiry on the Workshop

Japan Organization for Metals and Energy Security (JOGMEC)
Sakura Nishioka