Green Innovation Summit Held

October 10, 2019

On October 9 (Wed.), 2019, a Green Innovation Summit was hosted by the Prime Minister at the Prime Minister’s Office.  The summit brought together representatives of a series of international conferences, i.e., the TCFD Summit, ICEF and RD20, convened in Tokyo this week, and participants exchanged views on measures for accelerating disruptive innovations in order to realize a decarbonized society. Following the summit, a reception party was held, bringing together nearly 250 experts from both inside and outside of Japan.

(1) Outline

Date and time: October 9 (Wed.), 2019; from 17:30 to 17:50

Venue: Prime Minister’s Office

Number of participants: Approximately 20

(2) Details of the discussions

At the beginning of the summit, representatives of a series of international conferences, i.e., the TCFD Summit, ICEF and RD20, handed to Prime Minister Abe a message for future enhancement of specific efforts by industrial players, financial industries and researchers toward the achievement of a virtuous cycle of environmental friendliness and economic growth, a goal on which G20 leaders agreed (see the information through the link).

Prime Minister Abe stated that Japan [i] will inaugurate an international joint research base for zero emission technologies, as a hub of aggregated knowledge from all over the world, [ii] will formulate a Zero Emission Innovation Strategy by the end of 2019 and aim to encourage the public and private sectors to invest in research and development in the area of energy and environment at a level of 30 trillion yen for a decade, and [iii] has just formulated a Green Investment Guidance, guidelines of which financial institutes and other organizations make use in assessing environmental investment (see the information through the link).

Participants delivered opinions on: large trends in ESG investment and the importance of information disclosure, roles played by innovations in solving the issue of climate change, expectations for Japan in realizing a hydrogen society and other issues.

Following the summit, a reception party was held, bringing together nearly 250 stakeholders, as an opportunity for participants from industrial players and financial institutes and researchers inside and outside Japan to exchange information with each other and accelerate their collaboration.

Links to the related information

Referential websites:

Division in Charge

Environmental Policy Division, Industrial Science and Technology Policy and Environment Bureau