Japanese GX Acceleration Agency visits NEa for knowledge exchange on emissions trading
On Wednesday, 11 June, the Netherlands Emissions Authority (NEa) welcomed a delegation from Japan’s GX Acceleration Agency. The visit was part of an international study tour to several European organisations involved in the implementation of emissions trading systems. The delegation aims to gather mainly practical insights in preparation for the launch of Japan’s own emissions trading system, modelled after the European Union Emissions Trading System (EU ETS).
Carbon Pricing Japan
The GX Acceleration Agency was established in July 2024 by the Japanese government. The agency plays a central role in the implementation of the so-called Green Transformation (GX) — an ambitious programme focused on achieving carbon neutrality by 2050, while also enhancing industrial competitiveness and economic growth. Over the next ten years, Japan aims to mobilise GX-related investments totalling approximately 150 trillion yen.
To achieve these objectives, Japan plans to introduce various forms of carbon pricing in phases:
- In 2026: a statutory emissions trading system,
- In 2028: a carbon levy on fossil fuel importers,
- In 2033: allowance auctioning for electricity producers.
Exchange of Expertise
Since the establishment of the GX Acceleration Agency, the NEa has maintained regular contact with its Japanese counterparts. These exchanges have primarily focused on practical implementation challenges and operational questions related to emissions trading. In her opening remarks, Maaike Breukels, Director Emission Trading and Deputy Director NEa] emphasized the importance of international cooperation in climate policy:
“Europe’s experience has shown that market-based instruments such as the EU ETS can significantly contribute to emission reductions. The NEa is therefore honoured to support other countries in developing their own systems.”
The visit to the NEa was part of a broader programme, during which the Japanese delegation also met with their UK counterpart.
At the NEa, the programme covered a range of ETS implementation topics, including:
- monitoring and reporting of emissions,
- balancing support for companies with supervision and enforcement,
- and the allocation of free allowances.
The NEa looks back on a valuable exchange of knowledge and experience and will continue to stay in close contact with the GX Acceleration Agency in the run-up to the launch of Japan’s ETS.