NEC and Keio University announce the joint creation of "Future Carbon Reduction Credits," a new approach to calculate and visualize future CO2 reductions through disaster prevention and adaptation, and to make them tradable by converting the reductions into credits (financial products), with the aim of creating a decarbonized society through industry-academia collaboration and open innovation.
NEC and Keio University are focusing on CO2 emissions from natural disasters, which cannot be prevented from occurring in the future, and the amount of CO2 emissions that can be reduced. This new approach will contribute to the promotion of ESG investment for carbon reduction and the revitalization of investment for disaster prevention and adaptation measures by companies, governments, and municipalities. In order to implement "Future Carbon Reduction Credits" in society, we will accelerate the expansion of disaster prevention solutions, research to ensure objectivity and transparency in the amount of CO2 reduction, and the development of financial products to enable carbon credit market transactions. Through these efforts, we aim to establish a consortium in FY2023 by inviting partners such as companies, universities, governments, and municipalities across industries and fields.
