SDG Impact Japan, Vana and Nomura Securities Selected for a Forestry JCM Feasibility Study Program by Forestry Agency of Japan

TOKYO AND HONG KONG – [2025/11/4] – SDG Impact Japan (“SIJ”), a mission-driven sustainable investment and impact firm; Vana, a nature-based solutions developer and Nomura Securities have announced that their joint proposal was selected by the Forestry Agency of Japan for its Forestry JCM Feasibility Study program.

Advancing Bilateral Climate Action and Private Sector Engagement

The core objective of the feasibility study is to develop opportunities for afforestation and REDD+ projects under the JCM in partner countries and to mobilize private market investment into the sector. This project directly supports these goals by creating tangible investment pathways for Japanese companies to contribute to climate action.

By generating high-integrity carbon credits, the project will help advance both Cambodia’s and Japan’s Nationally Determined Contributions (NDCs) under the Paris Agreement and directly contribute to Japan’s target of cumulatively reducing and removing 100 million tons of greenhouse gas emissions by 2030 under the JCM.

“We are grateful to the Japan Forest Agency for committing to restore Cambodia’s degraded forests and build resilience in local communities, and to SIJ and Nomura Securities for their partnership,” said Philippe Lenain, Co-founder and Partner at Vana.

Supporting Cambodia’s Sustainable Development

This project directly supports Cambodia’s sustainable development objectives. Beyond carbon sequestration, the project is designed to:

• Enhance biodiversity by restoring degraded forest ecosystems.
• Support rural livelihoods and resilience by creating green jobs and new income streams for local communities.
• Promote gender equality by supporting the economic and social empowerment of women in project-related activities.

SIJ, Vana and Nomura Securities are committed to advancing a landmark project that serves as a model for how carbon markets can drive positive change for the climate, nature, and people.

For enquiries, please contact:

株式会社SDGインパクトジャパン info@sdgi-j.com
Vana enquiries@vana.holdings

SDGインパクトジャパン株式会社

（本社：東京都千代田区／代表取締役Co-CEO：小木曽麻里、前川昭平） SDGインパクトジャパンは、次世代のサステナブルな社会実現に向けた事業インキュベーションやサステナブル投資を推進しています。 SDGインパクトジャパン (SIJ) は、次世代のサステナブルな社会の実現に向けた事業インキュベーションや、企業や投資家の皆さまを支援するサステナブル投資・インパクト投資を推進する企業です。SIJは、深い市場知見とステークホルダーとの協働を基盤に、環境・社会インパクトを戦略に統合することを専門としています。
https://sdgimpactjapan.com/jp/

About Vana

Vana is a nature-based solutions developer, sponsored by Development Finance Asia, with presence in Hong Kong, Cambodia and Myanmar. It has worked and consulted for international non-profit organizations, UN agencies, and educational institutions on sustainability, financial inclusion and natural resource management.

Headquarters: Hong Kong
Directors: Tom Holland and Philippe Lenain
https://vana.holdings/