Japan, Jan. 20 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced a cooperative effort with Tokio Marine Asset Management Co., Ltd. (TMAM) and Idemitsu Kosan Co., Ltd., to launch a joint initiative to explore and advance the potential of blue carbon through activities such as seagrass bed restoration in regions across Japan. This project aims to support the expansion of blue carbon, which is expected to play a key role as a carbon sink in achieving net-zero emissions, while contributing to regional revitalization and biodiversity conservation.The three companies jointly established a study group in October 2024 with some other companies to promote nature-based decarbonization centered on blue carbon and enhance its economic value. Since then, the...