Supplementary Budget for 2021

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Laws and Policies

CCLW

CCLW national policies

Third Supplementary Budget for 2020

Information about the National Budget

Third supplementary budget

Japan's finance law contains a number of climate-relevant clauses. 2020 third supplementary budget 
<ul>
<li>encourages increases in energy efficiency in ventilation equipments as a co-benefit to COVID-19 air renewal measures.</li>
</ul>
 2021 budget and supplementary budgets
<ul>
<li>100 billion yen allocated to domestic battery storage production&nbsp;&nbsp;</li>
<li>1 billion yen <a href="https://www.env.go.jp/guide/budget/r02/r02-hos_03-gaiyo/008.pdf" target="_self">allocated to</a> technology demonstration projects and research and development to reduce CO2 emissions in hygiene-related products through increased energy efficiency</li>
<li>8 billion yen <a href="https://www.env.go.jp/guide/budget/r02/r02-hos_03-gaiyo/006.pdf" target="_self">allocated to</a> independent solar power generation equipment and storage batteries including electric vehicles through on-site PPA</li>
<li>800 million allocated to the maritime sector to help on decarbonisation efforts</li>
</ul>
Other budget lines are allocated to the decarbonisation of buildings (5.5 billion yen), decarbonisation of residential homes (4.5 billion yen), creation of a Green Innovation Fund Business (2 trillion yen), heat pumps (46.5 billion yen), low-carbon energy equipment installations in facilities (3.76 billion yen), Offshore wind power generation (2.75 billion yen), solar power (5 billion yen), sewage sludge-to-energy conversion (5 billion yen), program to achieve zero-carbon cities (20 billion yen), development of GOSAT-GW satellites to monitor emissions of GHGs (3.853 billion yen), R&amp;D into fusion nuclear energy, livestock biomass energy solutions such as biogas (2.8 billion yen), and increased subsidy to EVS and fuel cells vehicles.
&nbsp;
 2022 budget
<ul>
<li>diplomacy expenditure shall notably be directed to humanitarian assistance needs, including on climate change countermeasures.</li>
<li>Subsidies to solar power, offshore wind power, and geothermal power, and clean energy vehicles, and accelerate R&amp;D for the practical use and diffusion of hydrogen, ammonia, etc. (about ¥100bn). Establishing a grant to provide continuous and comprehensive support for local governments that are making efforts to decarbonize (¥20bn).</li>
<li>budget allocated to public works expenditures related to disaster prevention and disaster mitigation.</li>
</ul>

National Budget

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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.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

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.

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

This sector involves the wholesale and retail selling of goods.

A subsidy is a direct or indirect payment to individuals or businesses, typically provided as a government cash payment or a specific tax reduction.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

Activities involving the catching, processing, and selling of fish for food, recreation, and industry.

A loan is a policy instrument where funds are provided to a borrower with the expectation of repaying the principal plus interest.

Activities that provide lodging, food, and entertainment services to guests, including hotels, restaurants, and resorts.

Financial support to help individuals manage the effects of unexpected events, securing their livelihoods and increasing the resilience of people and businesses to the changing climate. It’s especially vital in developing regions where everyday risks, climate-related weather extremes, or crop failures can push people into poverty. Without insurance, people may have to resort to selling assets or cutting consumption to cope with losses.

This sector involves activities to move goods and people, alongside the storage of products.

This sector involves activities that impart knowledge and skills to individuals, including formal schooling, vocational training and educational support.

Supplementary Budget for 2021

Policy instrument

Impacted group

Economic sector

Adaptation/resilience

Finance