The Ministry of Economy, Trade and Industry (METI) developed this document to set a direction for transition toward achieving carbon neutrality in 2050 for GHG-intensive industries. The roadmap is expected to assist financial institutions in determining whether a company's strategies and initiatives toward decarbonisation qualify for transition finance when the company raises funds.<br><br>Under this effort, sectoral roadmaps were released and are available on <a href="https://www.meti.go.jp/english/policy/energy_environment/transition_finance/index.html">METI's webpage</a>:&nbsp;</div><ul><li>Iron and Steel</li><li>Chemical&nbsp;</li><li>Power</li><li>Gas</li><li>Oil</li><li>Pulp and Paper</li><li>Cement</li></ul><div><br>In other industrial sectors, there are roadmaps and other documents that show technologies and directions toward decarbonization, which can be used for transition finance:</div><ul><li>international shipping</li><li>domestic transport</li><li>Aviation</li></ul><div><br>

Sectoral roadmaps for Promoting Transition Finance

<p>          The summary of this document was written by researchers at the <a href="http://lse.ac.uk/grantham" target="_blank"> Grantham Research Institute </a> .           If you want to use this summary, please check <a href="https://www.lse.ac.uk/granthaminstitute/cclw-terms-and-conditions" target="_blank"> terms of use </a> for citation and licensing of third party data.</p>

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

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Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

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Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives