Xpansiv to Partner With Japan’s Enechain on Carbon Credits
- Firms will allow reciprocal access to each other’s platforms
- Demand for credits is increasing among Japanese firms
Pedestrians walk across a road at dusk in the Shinjuku district of Tokyo, Japan.
Photographer: Soichiro Koriyama/BloombergThis article is for subscribers only.
Carbon credit exchange operator Xpansiv will partner with a Japanese startup to tap into rising demand for offsets in the Asian nation.
The US-based firm will link up with Enechain Corp.’s Japan Climate Exchange, which trades Japanese carbon credits — called J-Credits — and non-fossil certificates. The agreement will allow clients of the Tokyo-based firm to buy products including International Renewable Energy Certificates via Xpansiv’s platforms. The companies will also explore making J-Credits tradable on Xpansiv’s CBL exchange.