What is 'Next Green Credit'?

'Next Green Credit' is an environmental credit system developed by BG Co., Ltd. that visualizes and quantifies the environmental value generated from soil improvement practices in agriculture. It goes beyond just carbon emissions to include other environmental impacts like biodiversity and water quality.

What makes 'Next Green Credit' unique?

It is Japan's first environmental credit that quantifies greenhouse gas emissions using ISO-certified methodology and other environmental impacts (biodiversity, water quality, etc.) based on a scheme developed with AIST. Crucially, the revenue from credit sales is returned to farmers to support sustainable agriculture.

How are the environmental values quantified?

Greenhouse gas emissions are quantified using an ISO-certified methodology. Other environmental impacts, such as biodiversity, plant resource consumption, water resource consumption, and water quality (total nitrogen and phosphorus discharge), are quantified using an environmental impact assessment scheme developed with the National Institute of Advanced Industrial Science and Technology (AIST).

What are the benefits of 'Next Green Credit'?

For farmers, it provides financial support for soil improvement, helping them adapt to climate change and rising costs. For consumers, it ensures the delivery of delicious and healthy vegetables. For purchasing companies, it offers a synergistic environmental contribution activity, fostering a new value cycle that benefits agriculture, consumers, and corporations.

What specific environmental values were created in the first issuance?

The first issuance generated 2,223 t-CO₂e for climate change mitigation. Additionally, it showed significant improvements in biodiversity (46.81%), plant resource consumption (63.16%), water resource consumption (74.67%), and water quality (53.76% for total nitrogen, 35.03% for total phosphorus) compared to average agricultural practices in the region.

AI News NQ Analysis

Japan First: Agricultural Environmental Credit 'Next Green Credit' First Created, Returning Multifaceted Value Beyond Decarbonization to Farmers

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AI Summary (NQ-processed)

BG Co., Ltd. has created 'Next Green Credit,' which visualizes and returns environmental value generated from soil improvement in agriculture.

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Frequently Asked Questions

Q: What is 'Next Green Credit'?: A: 'Next Green Credit' is an environmental credit system developed by BG Co., Ltd. that visualizes and quantifies the environmental value generated from soil improvement practices in agriculture. It goes beyond just carbon emissions to include other environmental impacts like biodiversity and water quality.
Q: What makes 'Next Green Credit' unique?: A: It is Japan's first environmental credit that quantifies greenhouse gas emissions using ISO-certified methodology and other environmental impacts (biodiversity, water quality, etc.) based on a scheme developed with AIST. Crucially, the revenue from credit sales is returned to farmers to support sustainable agriculture.
Q: How are the environmental values quantified?: A: Greenhouse gas emissions are quantified using an ISO-certified methodology. Other environmental impacts, such as biodiversity, plant resource consumption, water resource consumption, and water quality (total nitrogen and phosphorus discharge), are quantified using an environmental impact assessment scheme developed with the National Institute of Advanced Industrial Science and Technology (AIST).
Q: What are the benefits of 'Next Green Credit'?: A: For farmers, it provides financial support for soil improvement, helping them adapt to climate change and rising costs. For consumers, it ensures the delivery of delicious and healthy vegetables. For purchasing companies, it offers a synergistic environmental contribution activity, fostering a new value cycle that benefits agriculture, consumers, and corporations.
Q: What specific environmental values were created in the first issuance?: A: The first issuance generated 2,223 t-CO₂e for climate change mitigation. Additionally, it showed significant improvements in biodiversity (46.81%), plant resource consumption (63.16%), water resource consumption (74.67%), and water quality (53.76% for total nitrogen, 35.03% for total phosphorus) compared to average agricultural practices in the region.