Biodiversity Offsets Study Group (Japan)

In Japan, a study group led by Tohoku University is looking into the possibility of introducing biodiversity offsets. The biodiversity offsets study group was set up in June of 2010 at the initiative of Tohoku University and has brought together about 60 individuals from general contractors, megabanks, NGOs, universities, the Ministry of Land, Infrastructure, Transport and Tourism and the Tokyo metropolitan government. Over the course of 2010, the group will analyze overseas examples and examine the problems that might arise if the method is introduced in Japan and the potential impact on the economy and society. The initiative will conduct experiments and put together a report including policy suggestions for the government. The Japanese Environment Ministry also began investigations into overseas cases in 2010.

Program Statistics

Date Established: 2010 Status: In-Progress Program Type: One-Off Offset
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Bank regulator information: Last Updated: November 4, 2010