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Commodities Briefing - Categorized | Environmental Trading more

RI, Japan sign joint carbon trading agreement

Posted on 02 September 2013

Indonesia and Japan recently signed the Joint Crediting Mechanism (JCM) for carbon trading, enabling both countries to benefit from investments in environmentally friendly projects, said an official on Friday.
“We will benefit from Japan`s investments in Indonesia, particularly in projects aimed at reducing carbon emissions. Meanwhile, Japan can get credit for its efforts to reduce carbon emissions,” explained Deputy of Coordinating Minister for the Economy Rizal Affandi Lukman. The new mechanism is expected to boost the volume and quality of Japanese investments in Indonesia………………………………………..Full Article: Source


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