Japan Seeks Pacts With Indonesia, Mongolia to Offset Emissions - Businessweek: "Japan is seeking agreements with Indonesia and Mongolia to help offset its greenhouse gas emissions by the end of the year, a government official said.
Japan wants to sign the technology-transfer pacts with the countries by the end of this year, Masaya Okuyama, an environment ministry official in charge of climate change, said by phone today. Japan is also trying to get similar agreements with Vietnam and Bangladesh by early next year, he said.
Tokyo is developing a bilateral offset-credit mechanism to cut carbon dioxide output by setting up energy management systems and forest protection projects in developing countries with Japanese technologies. Japan has conducted feasibility studies in 30 countries, according to the foreign ministry’s website."
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