NEC (NEC) and Keio University have decided to work on social implementation of "latent carbon credits" to build a decarbonized society through open innovation.Latent carbon credits are a mechanism for calculating and visualizing future carbon dioxide emission reductions through disaster prevention and mitigation, and converting them into financial products, and are expected to promote investment in disaster prevention and mitigation.
According to NEC, potential carbon credits will be created by combining NEC's real-time tsunami inundation/damage estimation system and infrastructure monitoring technology with Keio University's interdisciplinary knowledge to visualize the amount of carbon dioxide emissions reduced through future disaster prevention and mitigation. financial products.Therefore, we aim to establish a consortium in 2023 with partners such as companies, universities, governments, and local governments, and build a system that can implement demonstration activities as soon as possible.
Mechanisms for incentives to curb carbon emissions from natural disasters have not yet been developed. NEC believes that if this potential carbon credit is implemented in society, it can be expected to promote ESG investment (*1).
In modern times, severe disasters such as floods and forest fires are increasing due to the progress of global warming.A large amount of carbon dioxide is emitted not only in the event of a fire, but also when rebuilding infrastructure and buildings in post-flood reconstruction.About 10% of the world's annual carbon dioxide emissions are thought to come from natural disasters.
*1 ESG investment ESG investment is expanding rapidly, mainly in Europe, by evaluating and investing in companies that emphasize environmental protection, solving social issues, and corporate governance mechanisms that do not cause fraud.
