Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), one of Japan's leading global financial institutions, and London Stock Exchange Group (CEO: David Schwimmer; LSEG) announce an agreement to collaborate to support growth in the carbon credit market.
LSEG has established a Voluntary Carbon Market (VCM) designation for funds and companies investing in decarbonization projects expected to generate carbon credits (subject to requirements). As generated carbon credits can be issued as dividends, investing in funds or companies listed under the VCM designation enables investors to secure a long-term supply of carbon credits.