Subnational Emissions Trading Scheme: Successful local emissions trading schemes in Japan inspire national action
Japan’s first emissions trading scheme was launched in the Greater Tokyo Area in 2010, followed closely by the Saitama Prefecture in 2011, with the aim to ramp up climate action and achieve emissions reduction targets which have become more ambitious overtime. Based on the success of these subnational schemes, the Japanese Government has tasked a committee of experts with examining how carbon pricing could support Japan’s transition to a decarbonised society and boost its economic growth.
Outputs: Policy Integration
Outcomes: Raise Ambition, Knowledge Mobilization & Collaboration
Target actors: National Goverment, State/Provincial Goverment
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