Minister Saito Holds a Policy Dialogue with Senior Advisor to the U.S. President Podesta

 Joint Press Release

1. On April 10, the United States of America and Japan launched the ministerial policy dialogue for maximizing synergies and impacts between the U.S. Inflation Reduction Act and Japan’s Green Transformation Promotion Strategy towards our shared goal of accelerating energy transition progress this decade and promoting complementary and innovative clean energy supply chains and improving industrial competitiveness.
2. The Dialogue was held between Mr. John Podesta, Senior Advisor to the U.S. President for International Climate Policy, and Mr. Ken Saito, Minister of Economy, Trade and Industry of Japan.
3. Both principals recognized and welcomed the existing collaborations to promote clean energy under IRA and GX, including direct investments by companies that are driving economic growth, emissions reductions, and job creation. The principals discussed avenues to deepen cooperation for the development and speedy deployment of zero- and low-emission technologies, particularly offshore wind, solar PV including perovskites, hydrogen and electrolyzers, ammonia, heat pumps, advanced nuclear reactors, and carbon management technologies. Both principals underscored the importance of creating an enabling regulatory environment to facilitate the rapid investment in and deployment of clean energy while collaborating on efforts to develop emerging clean energy technologies.
4. As the United States and Japan, recalling relevant CMA decisions, plan to aggressively implement their 2030 NDCs and develop ambitious 2035 NDCs in line with a 1.5C warming limit, both principals noted the importance of orienting these domestic energy measures toward achieving substantial emissions reductions and deployment of various renewable and clean energy technologies over the next decade.
5. Given the importance of maintaining a stable supply of strategic products essential for energy and industrial decarbonization, the principals concurred on the need to accelerate joint and respective efforts toward strengthening supply and creating demand based on principles such as sustainability in order to realize supply chains of those strategic products with their global partners that are diversified, resilient, and not overdependent on any certain country.
6. Both principals noted the importance of further collaboration, such as respective measures to promote emissions reductions throughout the supply chain, including for low and near-zero emission materials and for methane reduction from fossil fuels, through the development of policies and incentives, and the role of startups as leaders of innovation in the area of clean energy technology.
7. Both principals agreed on the great value of this ministerial policy dialogue, committed to invigorating whole-of-government efforts to accelerate clean energy transitions, and affirmed their intent to reconvene at this level in within this year.

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Division in Charge

Global Environmental Affairs Office, Industrial Science, Technology and Environment Policy Bureau
 
Americas Division, Trade Policy Bureau
 
International Affairs Division, Agency for Natural Resources and Energy