This IGES Issue Brief is an update of policy developments related to sustainable finance in Japan between October 2021 and January 2022.
The highlights of developments on sustainable finance in this period was work pertaining to sustainability-related disclosure. At the Financial Services Agency (FSA), the ‘Disclosure Working Group’ continued...
In addition to providing a range of social, economic, and environmental benefits to human societies, forest ecosystems also play a vital role in disaster prevention and mitigation. With the growing frequency and intensity of landslide hazards, the importance of forest management is increasingly being recognized to safeguard the sustainable delivery...
The Paris Agreement sets the goal to limit the global warming to well below 2 °C and preferably 1.5 °C. The recent IPCC report warned that 1.5 °C-warming may occur much earlier than expected. To meet the 1.5 °C target, global emissions of greenhouse gases (GHGs) should be net zero by 2050 or earlier. Increasing number of countries, local...
Although many researchers highlight the benefits of Urban Green Spaces (UGS) to city dwellers, understanding of residents’ emotional association with UGS remains an incomplete and exciting area of place research. In this study, we conducted an empirical assessment of residents’ Place Attachment (PA) towards UGS in the Greater Tokyo region. For this...
In this novel and integrated MAR approach, an offsetting scheme under the concept of payment for ecosystem services (PES) is used to enhance groundwater recharge along the Shirakawa River in Kumamoto Prefecture, Japan. The scheme gives a cash incentive to farmers who pond their abandoned rice fields for groundwater recharge. For a specified period...
Between the 1990s and early 2000s, large-scale illegal dumping and improper treatment of medical waste was a common occurrence in Japan, and became a serious social issue owing to the potential human health risk and environmental damage resulting from the waste itself, which could be infectious or contained sharps or chemical and toxic substances...
This IGES Issue Brief is an update of policy developments related to sustainable finance in Japan between June 2021 and September 2021.
SUMMARY
Notably for this period, the Expert Panel on Sustainable Finance under the Financial Services Agency (FSA) issued ‘The Report by the Expert Panel on Sustainable Finance’ in mid-June. Building on the...
The government of Japan published a draft of the 6th Strategic Energy Plan in August 2021 following an interval of three years since the previous plan in 2018. After hearing public comments and carrying out reviews among the relevant ministries, the draft was finally adopted by the Cabinet in October. Based on the plan, this report makes an...
Japan has raised its climate ambition by declaring its commitment to achieve carbon neutrality by 2050, and by setting a new target of reducing its greenhouse gas (GHG) emissions by 46% against 2013 levels by 2030. This chapter provides a perspective on how Japan’s ambition has evolved since 2015, in terms of domestic discourse, governance to...
The global population is concentrating unprecedentedly into urban areas, raising concerns on global sustainability and human well-being. There also exists a niche trend of migration from urban to rural areas particularly in countries with post-industrial economies. This paper investigated values of migration expressed by the migrants arrived in...