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Consulting and Policy Support for Environmental, Energy, and Natural Resource Matters

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Consulting on Greenhouse Gas Reductions

In the carbon–constrained world, companies have made reducing greenhouse gas emissions an important management priority and are formulating concrete reduction plans. Application of low–carbon technologies owned by Japanese companies contributes to their business development in foreign countries. For those purposes, it is efficient way to utilize "carbon credits*1" that is equivalent to greenhouse gas reductions in foreign countries.

Mizuho has been involved in carbon credit–related business from very early on and has accumulated the requisite knowledge and expertise. In October 2006, we set up an emissions trade between a Chinese wind power project and Tokyo Electric Power, which was the first emissions credit transaction approved by both the Japanese and Chinese governments. Currently, we provide total support for emissions trading through coordination among group companies. Our services include finding projects that generate emissions credits, conducting advance research to verify commercialization potential, emission credit applications and issuance.

We have also started focusing on the Joint Crediting Mechanism (JCM)*2 as a new framework under the government's Post–Kyoto mechanism. Using our wealth of experience and know–how, we are now supporting to utilize JCM scheme for companies' business development in foreign countries and the Japanese government's effort to build that system.

  • *1Carbon credit: A mechanism to make greenhouse gas reductions approved by the international guidelines and to offset greenhouse gas emissions to comply a target. Emissions trading involves countries and companies buying and selling carbon credits.
  • *2Joint Crediting Mechanism (JCM): A mechanism under which Japan would recognize for its own account CO2 emissions reductions on the basis of bilateral agreements achieved through the diffusion of Japanese low–carbon technologies and products. If this system is constructed, it would secure emissions credits through the sales of Japanese technologies and products, as opposed to existing systems in which emissions credits are purchased from overseas sources.
JCM:Joint Crediting Mechanism
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Providing Consulting on Utilizing Carbon Credit

MHIR offers comprehensive consulting services that include providing information on projects around the world that generate emissions credits to clients considering to make use of carbon credit and helping in project evaluations and procedures based on the policies and measures of the host country's government.

Mizuho's Results
  Project Business entity
FY2015 Ministry of Economy, Trade and Industry (METI), Feasibility Study Regarding JCM, "Introduction of Energy Conserving Equipment in Desalination Plant in the Kingdom of Saudi Arabia;" Mizuho Saudi Arabia and MHIR
METI, Feasibility Study Regarding JCM, "Study Aimed at Promoting JCM in Iran." MHRI and MHIR
JICA, "Preparatory Study for Wind Power Generation in Fulmen", Mongolia (PPP infrastructure business). MHBK and MHIR
FY2014 Ministry of Economy, Trade and Industry JCM F/S to introduce photovoltaic power generation and gas–fired combined power generation facilities in Saudi Arabia Consortium including MHBK and Mizuho Saudi Arabia
Global Environment Centre Foundation 40MW–scale Hydro Power Generation in Lao Cai province Consortium including MHBK
Ministry of the Environment Entrusted with business in support of fiscal 2013, JCM large–scale feasibility study projects for low–carbon society development in Asia Consortium including MHIR

Consulting on Energy and Resources

Based on its cutting–edge research, and wealth of knowledge and expertise, in the field of energy and resources, MHIR provides information and consulting services on energy issues and energy–related industries.

In the field of renewable energy, for example, it performs a broad area of work ranging from studies of policies inside and outside Japan to the preparation of project plans, all for the purpose of promoting the optimal usage of solar power, biomass, wind power, and other energy sources. Also in the field of hydrogen energy, carbon dioxide capture and storage (CCS) and energy efficiency, we use the results of R&D performed by research institutes throughout the world to evaluate technologies for practical application.

MHIR also performs studies of new energy technology markets across the globe, develops commercialization plans with special attention paid to regulatory trends, and offers a wide variety of other types of support aimed at turning cutting–edge energy technology into concrete businesses.

Support for Environmental and Energy Policies

With the rising awareness of environmental problems worldwide, consideration of environmental issues is required not only of corporations but also individuals, municipalities, and many other tiers of society. To establish a system to effectively promote environmental activities throughout society based on Japan's targets, and to achieve the targets in international agreements, various policies to address environmental problems are under discussion.

MHIR provides government agencies with a wide range of support for environmental and energy policies including the collection and analysis of basic data, investigations, and research, as well as support for the formulation of policies.

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