The Japan Federation of Economic Organizations (Keidanren) will take advantage of Chinese President Jiang Zemin’s visit this week to propose a large-scale forestation project for China that will help Japan attain a target specified in an international global warming pact.
Keidanren Chairman Takashi Imai will make the proposal to Jiang when he meets with the president over lunch Saturday in Tokyo.
The project will help China reduce carbon dioxide emissions and allow Japan to “trade away” some of its own emissions, thus helping it meet a target agreed to during a U.N. conference held in Kyoto last December.
The scale and timing of the forestation, however, have yet to be decided, the officials said, although some media reports have said the project will begin as early as fiscal 1999.
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