87-57 Basic Guidelines on Climate Transition Finance, 2021

Summary

The purpose of these Guidelines is to strengthen the position of climate transition finance as a means of financing transitions, especially in hard-to-abate sectors, and introduce more funds in order to contribute to achieving the 2050 carbon-neutral goals and the Paris Agreement, by popularizing transition finance, which is in its startup phase, and ensuring the credibility of financing in labeling as transition finance.

Thumbnail image for The purpose of these Guidelines is to strengthen the position of climate transition finance as a means of financing transitions, especially in hard-to-abate sectors, and introduce more funds in order to contribute to achieving the 2050 carbon-neutral goals and the Paris Agreement, by popularizing transition finance, which is in its startup phase, and ensuring the credibility of financing in labeling as transition finance.

Issuer

Japan

Year

2021

Region

Asia

Issuer (type)

Financial Services Agency; Ministry of Economy, Trade and Industry; Ministry of the Environment (Government)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Manufacturing
Retail trade
Wholesale trade

Restrictiveness

Very Low

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 13: Climate Action