A co-benefits approach to climate change and CDM means integrating efforts to address climate change concerns with meeting development needs in developing countries. The Side Event will introduce ongoing efforts to develop a policy tool for quantified evaluation on co-benefits realized from CDM and ODA projects, good practice portfolios, as well as technology maps that may provide useful menus for practical application.

After a couple of year of establishment, Japan Voluntary Emissions Trading Scheme (JVETS) started experiencing active participation and transactions by the private sector, which is expected to lead to an enlarged scheme. Carbon offset initiatives are another features of the event. Driven by rapidly increasing attention to climate concerns, there are several carbon offset business have launched. MOEJ is currently organizing a series of an Advisory Committee on Carbon Offset Activities to formulate a guideline.

Welcome to Japan's Pavilion for your carbon business opportunities!
As part of IETA Carbon Finance Event, the Kyoto Mechanisms Information Platform opens a booth, together with Japanese Governmental Agencies, and the Private Sector. You are cordially invited to visit our Pavilion. Why don't you talk to your potential business partners over a cup of green tea and Japanese delicate sweets (manju sweet bean cake).

-Local governments play a key role in the local environmental/sustainable management. Many CDM projects are planned in the related sectors such as local solid and liquid waste management. The session will invite local leaders to report their challenge and experience of CDM project, and discuss about how local governments could participate in global climate protection scheme for sustainable development and reduction of GHG emission at local level.