The Political Economy of Carbon Pricing and Green Finance - Comparing the EU and Japanese Discourses and Policy Approaches

The Kishida administration has made clear the roadmap for the next 10 years of the Basic Policy for Green Transformation (GX) Realization. The most important content of this roadmap is Growth-oriented Carbon Pricing Architecture, consisting of GX Economic Transition Bonds, emission trading system and carbon charge system.

The Growth-oriented Carbon Pricing Concept in Japan refers to a set of policies aimed at reducing greenhouse gas emissions through a market-based approach that incentivizes the use of low-carbon technologies and practices. The concept involves imposing a carbon tax on industries and sectors that emit significant amounts of CO2 and other greenhouse gases, with the revenue generated from the tax being reinvested into the development and implementation of clean energy technologies and infrastructure. The goal of the concept is not only to reduce emissions but also to promote sustainable economic growth and job creation, by encouraging innovation and investment in low-carbon industries. The concept is part of Japan's broader strategy to address climate change and achieve its goal of becoming carbon neutral by 2050.

Please find more information https://www.dijtokyo.org/event/the-realization-and-implementation-of-the-growth-oriented-carbon-pricing-concept-in-japan/.

Registration

Registration for this online event is required via e-mail to heckel@dijtokyo.org by June 20, 2022.