Carbon Pricing for Net Zero / Utilizing Market Mechanism


Carbon pricing includes carbon tax, emissions trading system, carbon credits trading, etc., and is expected to be used as a means of realizing a carbon-free society. However, companies may feel it a burden, and therefore, views of industries are not monolithic.

At the international scenes, the EU has implemented an emissions trading system (ETS) for years, and carbon border adjustment mechanisms (CBAM) have been proposed to avoid carbon leakage last July. Also, emissions trading systems have been introduced in several states of the United States, China, and South Korea. In addition, at COP26 last November, the implementation rules of the market mechanism under Article 6 of the Paris Agreement were agreed, and it is expected that international credit transfer will be utilized.

Therefore, in this webinar, speakers/panelists will review the current status of EU ETS and CBAM, the status of consideration of existing credit transfer mechanisms and discussion on the introduction of carbon pricing in Japan (GX League proposed by METI, etc.) and explore ways how carbon pricing will be effective by industries' utilization.


  • Time and Date: 5:00pm - 6:45pm (Tokyo) / 9:00am - 10:45am (Brussels), January 27, 2022
  • Language: English / Japanese (with simultaneous interpretation)
  • Admission: Free
  • Hosts: Research Institute of Economy, Trade and Industry (RIETI) / The Institute of Energy Economics, Japan (IEEJ) / EU-Japan Centre for Industrial Cooperation (EUCJ)
  • Contact: Mr. Ko Sasaki (Manager, Policy Analysis & Seminars, EU-Japan Centre for Industrial Cooperation)
    E-mail: ko.sasaki@eu-japan.or.jp

Program (in order of appearance)

5:00pm (9:00am) Opening

MC: TANABE Yasuo (Consulting Fellow, RIETI / Managing Director, EU-Japan Centre for Industrial Cooperation)

5:00pm - 6:15pm (9:00am - 10:15am) Presentation

SAKAMOTO Toshiyuki (Board Member, Director, Charge of Climate Change & Energy Efficiency Unit, The Institute of Energy Economics, Japan)

Andrei MARCU (Executive Director, European Roundtable on Climate Change and Sustainable Transition)

ARIMURA Toshi (Faculty Fellow, RIETI / Professor, School of Political Science and Economics & Director, Research Institute for Environmental Economics and Management, Waseda University)

TAKAHASHI Kazunori (Deputy General Manager, Sustainability Promotion Division, Hitachi, Ltd.)

Daniele AGOSTINI (Head of Energy and Climate Policies, Enel Holding (Italy))

Axel EGGERT (Director General, the European Steel Association (EUROFER))

6:15pm - 6:45pm (10:15am - 10:45am) Q&A/Discussion

Moderator: WATANABE Tetsuya (Vice President, RIETI)