Policy status:Planned
Date Effective:2005
Policy Type:Policy Support, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Market-based instruments
Policy Target:
Agency:Ministry of Economy, Trade and Industry (METI)
Funding:$52 million in fiscal 2005
Description:The Japanese government plans to subsidize domestic firms to sponsor carbon dioxide emission reductions overseas, namely in China, Mexico, India, Hungary and Poland. Japanese firms constructing wind, solar and geothermal power plants and modernizing existing systems of power generation and supply will qualify for Budget 2005s $52 million consacrated to emissions-reduction credit procurement.

Last modified: Tue, 24 Jul 2012 16:42:26 CEST