Japan Steps Up , to Help Asia Achieve Its , Decarbonization Goals.
'The Independent' reports that Japan has vowed to lead the
world's efforts to simultaneously achieve decarbonization
goals, economic growth and energy security.
On December 18, Prime Minister Fumio Kishida spoke
about Japan's ambitious goal while speaking at a regional
climate summit attended by leaders in Southeast Asia.
While speaking at the Asia Zero Emission Community
(AZEC), Kishida said that the climate initiative will create , “a new, huge decarbonization market in
Asia that will attract global capital.".
According to Kishida, the cost of achieving
decarbonization in Asia will be $28 trillion. .
The initiative will also establish a new organization
to support countries' efforts to implement
policies aimed at achieving carbon neutrality.
'The Independent' reports that Japan will help other
members of the Association of Southeast Asian Nations
(ASEAN) develop technologies meant to cut emissions.
Those efforts reportedly include co-firing technology
that utilizes ammonia or hydrogen and developing
more flexible, mobile types of solar panels.
Those efforts reportedly include co-firing technology
that utilizes ammonia or hydrogen and developing
more flexible, mobile types of solar panels.
Japan has already achieved an emissions
reduction of 20% and is on track to meet
its stated 46% reduction by 2030.
The country plans to achieve its net-zero goals
by increasing reliance on renewables, utilizing
nuclear power and other measures.
The country plans to achieve its net-zero goals
by increasing reliance on renewables, utilizing
nuclear power and other measures.
At this year's COP28 summit in Dubai, Japan pledged to end
new construction of unabated coal-fired power plants
to slowly reduce the country's reliance on fossil fuels.