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September FY2023
The Fifth International Conference on Carbon Recycling Held

The Fifth International Conference on Carbon Recycling Held

September 28, 2023

On October 27 (Wed.), 2023, the Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) jointly held the Fifth International Conference on Carbon Recycling at Hilton Hiroshima.

At the conference, Mr. Yoshida Nobuhiro, Parliamentary Vice-Minister of Economy, Trade and Industry, delivered an address at the venue, and panel discussions were held bringing together the stakeholders of the government, industry, and academic sectors in member countries, including Mr. Yuzaki Hidehiko, Governor, Hiroshima Prefecture, and Mr. Watanabe Tetsuya , President, Economic Research Institute for ASEAN and East Asia (ERIA). Through these discussions, participants shared information on the progress made in international efforts and proactive initiatives in Hiroshima Prefecture and also confirmed challenges to be addressed. The conference this year released a summary statement, a compilation of messages delivered at speeches and panel discussions, for the first time.

Moreover, METI held this conference on the same date as the third Asia CCUS Network Forum for the first time. It also introduced Japan’s technologies for carbon capture utilization and storage (CCUS) and carbon recycling through the exhibition of posters showcased by companies, associations, and other entities.

1. Overview

Date and time

September 27 (Wed.), 2023, from 14:00 to 18:00

Venue

Hilton Hiroshima (11-12 Fujimicho, Naka Ward, Hiroshima City, Hiroshima Prefecture) and online format

Number of participants

229 onsite participants and 589 online participants

Number of participating countries, etc.

20 countries and regions

2. Major attendees

Mr. YOSHIDA Nobuhiro, Parliamentary Vice-Minister of Economy, Trade and Industry, METI
Mr. WATANABE Tetsuya, President, ERIA
Mr. YUZAKI Hidehiko, Governor, Hiroshima Prefecture
H.E. Mr. Noah Deich, Deputy Assistant Secretary for the Office of Carbon Management, Department of Energy (DOE), the U.S.
Mr. MITSUOKA Tsugio , Chairperson, Carbon Recycling Fund Institute (CRF), etc.

3. Outcomes

The summary statement, a compilation of messages delivered at speeches and panel discussions by the government, industry, and academic sectors in member countries, pointed out that carbon recycled fuels, including e-fuel and e-methane, will play an important role in achieving carbon neutrality and that it is necessary to build a system for measuring and evaluating the environmental value of carbon recycling in order to further create a global market for carbon-recycled products. It also confirmed that collaboration among the government, industry, and academic sectors, and inter-company and inter-regional collaboration, have the potential to encourage carbon recycling efforts by companies, including startups, and that the efforts by Hiroshima Prefecture and the R&D and Demonstration Base for Carbon Recycling at Osaki-Kamijima will play an important role in the social implementation of carbon recycling.

Moreover, the conference compiled and released a Progress Report describing the progress made in Japan’s efforts over the last year for the social implementation of carbon recycling, including the incorporation of CCUS, carbon recycling, and other types of carbon management in the communiqué agreed upon at the G7 meeting and the formulation of the Carbon Recycling Roadmap. Japan will strive to fortify international collaboration and accelerate efforts to encourage the widespread adoption of carbon recycling.