Hokkaido Oyobi Town and Stellar Green Sign Partnership Agreement Towards Realizing Carbon Neutrality

Oyobi Town, Hokkaido (Mayor: Kenjin Takahashi, hereinafter "Oyobi Town") and Stellar Green Co., Ltd. (Headquarters: Chuo-ku, Tokyo, President & CEO: Akinori Nakamura, hereinafter "Stellar Green"), a company involved in supporting the creation of forest carbon credits, signed a partnership agreement on March 26, 2026 (Thursday) towards the realization of carbon neutrality.

Left: Oyobi Town Mayor Kenjin Takahashi, Right: Stellar Green Akinori Nakamura

Through this partnership agreement, Oyobi Town and Stellar Green will work towards achieving carbon neutrality and sustainable town development by promoting the visualization and valuation of forest resources in Oyobi Town. In the future, they plan to engage in a wide range of activities, including the creation of forest carbon credits and the utilization of regional resources.

Overview of the Partnership Agreement

1. Date of Signing March 26, 2026 (Thursday)

2. Purpose

By collaborating, Oyobi Town and Stellar Green will promote initiatives towards the realization of carbon neutrality and sustainable town development in Oyobi Town.

3. Matters of Cooperation (1) Matters related to initiatives towards realizing a decarbonized society

(2) Matters related to demonstration projects for the creation of forest carbon credits

(3) Matters related to the promotion of sustainable primary industries

(4) Matters related to the utilization of regional resources and the promotion of related businesses

(5) Other matters related to regional revitalization

Background of the Partnership Agreement Signing

In its "6th Comprehensive Plan" in 2018, Oyobi Town set policy goals for building a circular society and conserving the natural environment. In December 2024, the town council declared it a "Zero Carbon City," pledging to achieve net-zero CO₂ emissions by 2050. In March 2025, the "Global Warming Prevention Action Plan (Administrative Operations Edition)" was formulated, setting a target to reduce greenhouse gas emissions by 50% by FY2030 compared to FY2013. Furthermore, starting in FY2025, a subsidy system for residential solar power generation will be newly established to promote the spread of renewable energy.

Approximately 74% of Oyobi Town's total area is covered by forests. From a decarbonization perspective, converting abundant forest resources into economic value has become a significant challenge.

Against this backdrop, this partnership agreement has been concluded to collaborate with Stellar Green, which possesses expertise and a track record in forest valuation, and to promote initiatives that link the value of forest resources to economic value.

Comment from the Mayor of Oyobi Town

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