Japan: Market-Based Climate Policy Case Study

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This case study covers the experimental Japanese voluntary ETS, the J-Credit System, the Tokyo Cap-and-Trade Program, the Joint Crediting Mechanism, Commentary on Market Functioning, and Policy Distinction.


This case study is co-authored by the IGES, the International Emissions Trading Association (IETA), and the Environmental Defense Fund (EDF) as part of "The World's Carbon Market" case study series.

In this series, policymakers, academics and others will find detailed information about the key design elements and unique features of 19 multi-national, national, regional and local emissions trading systems that are operating or being considered to address climate change around the world.

Katherine Rittenhouse
Peter Sopher
Daniel Francis
Stefano De Clara
Jeff Swartz