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Three more companies on Monday started providing price data on U.N. carbon offsets to the state-backed Japan Bank for International Cooperation, bolstering the bank's role as a supplier of such information in Japan.
The three are Barclays Capital Japan, orbeo/Rhodia Japan and Sumitomo Corp, JBIC said in a statement.
The Japanese government and big companies, including utilities, have been active in buying offsets to help the world's fifth-biggest polluter meet its greenhouse gas emissions reduction target under the Kyoto Protocol.
But most of the transactions have been made over the counter, and there is little price data available.
JBIC, which extends yen loans to developing nations and helps fund international energy projects involving Japanese companies, last year launched an Internet-based noticeboard to help buyers and sellers exchange information about such offsets.
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Source: Reuters
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