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.
Under this effort, sectoral roadmaps were released and are available on METI's webpage:
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Sectoral roadmaps for Promoting Transition Finance
2022PolicyMitigation
Sectors: Finance
- Iron and Steel
- Chemical
- Power
- Gas
- Oil
- Pulp and Paper
- Cement
In other industrial sectors, there are roadmaps and other documents that show technologies and directions toward decarbonization, which can be used for transition finance:
- international shipping
- domestic transport
- Aviation
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
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Sectoral roadmaps for Promoting Transition Finance
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.