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R&D and Social Implementation Plan Formulated for "Next-generation Aircraft Development" Projects

July 16, 2021

The Ministry of Economy, Trade and Industry (METI) has formulated an R&D and Social Implementation Plan that summarizes the content of "next-generation aircraft development" projects that will be implemented using the Green Innovation Fund.

1. Background and purpose

Toward the goal of achieving carbon neutrality by 2050, METI decided to develop a Green Innovation Fund at a level of 2 trillion yen under the FY2020 Tertiary Supplementary Budget. This comes as part of the New Energy and Industrial Technology Development Organization (NEDO). Based on specific goals shared by the public and private sectors, the plan is to continuously provide support over the next ten years to companies and other organizations that show commitment to working toward this ambitious goal. The support will assist efforts ranging from research and development (R&D) to demonstrations and social implementation of the outcomes.

In order to ensure proper and efficient execution of the fund, the Committee on the Green Innovation Project under the Industrial Structure Council finalized the Policy for Allocation of Funds for Each Field. Based on this policy, field-specific working groups established under the Committee deliberate on issues such as the priority and appropriateness of the amount to be implemented by the fund for each project. Then, the divisions and offices in charge of the project at the responsible ministries and agencies formulate the content of each project as an "R&D and Social Implementation Plan," and start calls for applicants.
Today, METI formulated an R&D and Social Implementation Plan for "next-generation aircraft development" projects based on discussions by the Working Group on the Field of Industry Structure Transformation and the public opinions that were submitted.

2. Main content of the R&D and Social Implementation Plan for next-generation aircraft development projects

3. Future schedule

NEDO will open a call for applicants to the "next-generation aircraft development" projects soon.

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