The Mitsui Trust Financial Group has become the first Japanese private
company to win permission from the country’s financial regulatory body
to accept carbon emission credits in trust.
Mitsui intends now to offer sub-divided trust beneficiary interests to
companies that want carbon emission credits in smaller amounts. Mitsui
will also be able to assist other Japanese companies in cutting the
administrative burden of holding and assigning carbon emission credits,
subdividing the credits and assigning them, using the credits as
collateral and providing simultaneous delivery of credits against
payment.
