, Japan
36 views

Japan vows to cut down GHG emissions by 46% by 2030

The country is considered the fifth biggest emitter of greenhouse gases in the world.

Japan has pledged to cut down its greenhouse gas emissions by 46% by 2030 from 2013 levels, a sharp uptick from the 26% cut it pledged last 2015.

“In line with 2050 goals, we aim for a 46% cut by fiscal 2030 as an ambitious target. We will continue to strive toward the higher goal of 50%,” Prime Minister Yoshihide Suga said.

The announcement came shortly after the two-day virtual climate summit hosted by the US President Joe Biden.

Japan aims to achieve net-zero emissions by 2050 by promoting renewables and cutting its reliance on fossil fuels. Japan’s Strategic Energy Plan said that the share of renewables in the power mix should increase from 17% in fiscal year 2018 to 22-24% by 2030.

Japan’s greenhouse gas (GHG) emissions decreased by 2.9% in the financial year 2019-2020 (April 2019-March 2020) to 1,212 MtCO2eq, their lowest level since 1990-1991, according to final figures from the Japanese Ministry of the Environment. It is the sixth year in a row of decline, which is mainly driven by the increased use of renewable energies, the restart of nine nuclear reactors and a lower energy demand thanks to a warmer winter and a reduced energy consumption by industry. It represents a 14% decline compared to the financial year 2013.
 

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Asian Power in your inbox

Danish energy company Ørsted launches expansion in Vietnam

This comes on the back of Vietnam increasing renewable energy to 30% by 2030

South Korea launches its largest 2 GW solar capacity tender

The country is expected to allocate 4 GW of solar capacity in 2021 across two tenders.

ACWA to build largest wind power plant in Central Asia

The company will construct the 1500 MW wind power project in Uzbekistan.

India’s Tata Power contemplating $473m IPO for renewable energy business

It initially planned to seek a partner to invest in its green assets.

China’s solar capacity installation crashes by 82% QoQ in Q1 2021

But increased by 35% YoY compared to Q1 2020.

India’s JSPL sells coal-fired power business for $400m to Worldone

This move aims to reduce the company’s debt and carbon footprint by almost half.

Japan authorizes operations of three ageing nuclear reactors

This is the first time reactors older than 40 years are approved to restart.

India’s NTPC launches tender for 600MW of wind and solar projects

Developers can compete for at least 50 MW to 600 MW in 10 MW multiples.

Here’s why the last dirty fuel project in Japan was scrapped 

The country recently pledged to cut down greenhouse gas emissions by 46% before 2030.

Singapore's Sunseap eyes expansion in Japan after latest Series E funding

The company earned an undisclosed amount from several new Japanese investors.