Paving the way for the Sustainable Carbon System

CRF活動紹介資料

一般社団法人カーボンリサイクルファンド（CRF）©2023 Carbon Recycling Fund Institute. All rights reserved.

Contribute to the creation of innovation by using CO2 as a resource

Background and Objectives for Establishment

The global warming issue differs from regional environmental problems, such as NOx and Sox, in that it will be crucial to reduce
CO2 emissions throughout the world, meaning the issue cannot be resolved solely on the basis of those regulatory measures already inplace.
How to improve the energy access, meanwhile, poses another major challenge, with approximately one billion people around the world
still unable to achieve the benefits of electricity.
Given this situation, carbon recycling policies that see CO2 as a resource to be used and promote innovation in this field are coming toplay an important role in Japan’s energy policies. Rather than seeing CO2 in a negative light as has been the case in recent years, it is also
recognized that, in order to achieve the goal of carbon neutrality by 2050, further efforts will be needed that make active use of CO2 as asource of carbon.
Accordingly, the Carbon Recycling Fund Institute was established on August 30, 2019 under a private sector initiative with the aim of bothaddressing the global warming issue and improving the energy access throughout the world. The new institute will foster innovation incarbon recycling by public relations and sponsoring the research and development in the field.

Overview

Chairperson: Tsugio MITSUOKA (Representative Director and Chairman of the Board, IHI Corporation)
Vice Chairperson: Masayoshi KITAMURA (Special Counselor, Electric Power Development Co., Ltd.)
Vice Chairperson: Kouji EGUCHI (Representative Corporate Executive Officer, Senior Vice President, Chief

Name: Carbon Recycling Fund InstituteEstablished: August 30, 2019
Supply Chain Officer, Mitsubishi Chemical Group Corporation)
Address: 3F Daiichi Misu Building, 2-34-7,
Senior Executive Director: Masamichi HASHIGUCHI
Nishi-Shimbashi, Minato-ku, Tokyo 105-0003
Director: Susumu NIBUYA (Representative Director, Idemitsu Kosan Co.,Ltd.)
Membership categories (annual membership fee):
Director: Chiaki SUYAMA
Corporate members: 200,000 yen/
Auditor: Kouji TAKEDA (Managing Executive Officer, President of Resources,
Individual members: 10,000 yen/
Energy & Environment Business Area, IHI Corporation)
Local government members (-)/ Academic members (-)
Executive Adviser: Yoshimitsu KOBAYASHI (Chairman of the Board, Tokyo Electric Power Company
Membership listHoldings, Incorporated)
Please refer to the attachment or our website for the latest list.

Adviser: Takeo KIKKAWA (Vice President, International University of Japan (IUJ))

Activities

Membership fee, donations

Carbon Recycling Fund InstitutePublicResearchTreeplanting
relations
grant
Business support, policy
recommendations, studies, etc.
Towards achieving a sustainablecarbon system
 It is important to balance the amount of CO2 emission
with the amount of absorption and removal (usage andfixation).
 Not only emission reduction, but CCUS/ carbon recycling
and absorption into forests, oceans, and soils are key.
 It is important to build a value chain for CO2, from thesources to the collection, transport, use and storage of CO2.

Carbon neutral image(Reference: Ministry of Economy, Trade and Industry)©CarbonRecycling
FundFundInstitute.
All rights©2023
CarbonRecycling
Institute.
Allreserved.
rights reserved.

Members• Cross-industry
collaboration• Innovation
promotion• Social experiment
SupportThe society we should aimfor to achieve carbon
neutralitySustainablecarbonsystem

CO2 value chain•Regional
revitalization•Internationalcollaboration
Contribution
Aiming for a global carbon
cycle using the power of theearth and living organisms

Activities
I. Public relations
The institute provides the latest information on carbon recycling in Japan and elsewhere through a variety of media including our website,
participates in international exhibitions, holds events, symposiums, and training sessions in collaboration with various media, and conducts
other public relations activities, such as awareness-raising activities related to carbon recycling.

Carbon recycling closed online
community

The institute holds online lectures on timely
topics to share information and discusscarbon recycling/carbon neutrality among itsmembers.
This program is for CRF members only.

Participation to exhibitions,symposiums etc.

University of Carbon Recycling

Carbon Recycling University is an education
program which fosters problem-solving thinkers.
 Each year, twenty employees from member
companies participate in the program.
 Collaboration with startup companies
 Presentation of discussion results and crossindustrial exchanges

The top management of the institutedisseminates
the significance of sustainable carbon tothe world and participates in exhibitions topromote CR activities.

II. Research grants

Chairperson Nobuo FUKUDA
during a speech at the UN STI Forum

Sharing information
on websites etc.

The tale of Carbo and Risa
The tale of Carbo and Risa is an original
digital content of the institute whichconveys the significance and initiatives
on carbon recycling to the next
generation in a fun way.

Vice Chairperson Masayoshi KITAMURA
during a speech at the Smart Energy
Week 2022

A number of obstacles are blocking the practical viability of carbon recycling, including issues of cost, international competition, funding for
fundamental research and others. The institute offers grants and member matchings to researchers and startups who are taking on thesechallenges to create innovation. We also promote working group activities for the purpose of social experimentation of various initiatives.

OutlineGrant recipients
Assessment
pointsGrant amount

Grants are given to a researcher or a team of researchers belonging to a company, university,or corporation. A new startup support quota was established in FY2022.
Originality, innovation, superiority over conventional technologies, how to define issues,social feasibility such as collaboration with companies, etc.
Ten million yen/ case (average grant amount: approx. 7 million yen/ case)Application/
FY2020: 35 applications-> 12 approved; FY2021: 46 applications -> 12 approved; FY2022:approved cases General - 55 applications ->14 approved; startups – 29 applications -> 2 approved

Presentation on the research grant activities(as membership benefit)

III. Tree Planting
We have engaged in considering the development of rules for CO2 sinks and activities to spread understanding of CO2 sinksby planting fast-growing trees with local communities and members.

CO2 sink study group
Activities to spread understanding of CO2 sink
Tree Planting with our members and local companies

IV. Business support, policy recommendations, information analysis, etc.
The institute provides business support and offers recommendations on national policies on energy, environment andtechnology development policies for the social implementation and commercialization of carbon recycling. We also collect thelatest news from around the world about carbon recycling and CCUS and distribute dozens of articles each week to ourmembers.
 Embodiment of social implementation of carbon recycling (social implementation working group) Implement activities to link the carbon recycling value chain through social implementation working group.
 Explore how carbon recycling can contribute to the revitalization of local industries by leveraging regional strengths.
Carbon Recycling Fund Institute
3F Daiichi Misu Building 2-34-7 Nishi-Shimbashi, Minato-ku, Tokyo 105-0003 JAPAN
Tel: 03-6432-0011
Carbon Recycling Fund Institute
URL: https://www.carbon-recycling-fund.jp©2023 Carbon Recycling Fund Institute. All rights reserved.
E-mail: info@carbon-recycling-fund.jp

Public Relations
Carbon recycling closed online community

The Institute is continuing to grow into a group that collaborates with various industries through our activities.
Over 100 people participate and interact each time.

Speakers in Carbon Recycling Salon(Speaker: Leading experts in a particular field, Researcher, Start-up Company, Our members)

The tales of Carbo and Risa
High schoolers from the future, Carbo and Risa, time
travel back to the 2020s to learn about carbon
recycling.
With an eye on future generations, you can enjoy
learning with this content the importance of carbon
recycling and initiatives for it.
It's fun to learn about and easy to understand.

Scan here

Message from leaders
CRF leaders introduce
endeavors of the Institute and its
members at international
conferences, exhibitions, etc.

Chairperson Nobuo Fukuda
during a speech at the UN STI Forum

Vice Chairperson Masayoshi Kitamura
during a speech at the Smart Energy Week 2022

© 2023 Carbon Recycling Fund Institute4

Research Grant
FeaturesEligibility

Researchers or teams affiliated with companies, universities, etc.
A startup support framework newly established in FY2022
Research on carbon recycling that uses CO2 (or carbon atoms) as a resource,
related technologies, and social science to solve social issues

Research targets

Evaluation points
Grant scale
Number ofapplications andaccepted cases<Expected Fields>
1. CO2 fixation by mineralization (materials such as concrete)
2. Conversion to fuels
3. Conversion to chemicals
4. Separation and recovery (including direct-air capture)
5. Social science
6. Utilization of CO2 sinks (soil, forests, blue carbon, biologics,
agriculture, forestry and fisheries)
7. Other (H2 production, geo-engineering, functional materials,
medical fields, etc.)CRF’s
grantNational
funding
Accelerating
implementation
in society

Creativity, innovativeness, superiority over conventional technologies,
method to determine issues, and social realization potential throughcollaboration with companies
Approx. 10 million yen per case (average: approx. 7 million yen per case)
FY2020: 39 applications → 12 accepted, FY2021: 46 applications → 12 accepted
FY2022: 55 applications → 14 accepted and
29 applications for startup support → 2 accepted
FY2023: 56 applications → 14 accepted and
31 applications for startup support → 2 accepted

Attribution of research
Research results basically belong to researchers
results

Projects selected as government-funded projects or joint research with companies
Research field

Technologies for CO2
fixation

Technologies forconversion to fuels

Technologies forconversion tochemicals

Grantee
Joint research withcompanies (verificationtesting)
NEDO and MOE
JST/OPERA

Social sciences
Utilization of CO2
sinks

Principal investigator name (affiliatedinstitution)

Development of a novel CO2 immobilization
technology using microbial fuel cells (FY 2022)

Daisuke SANO(Tohoku University)

Development of a novelnew CO2 mineralization
method usingfor waste seawater using biogenic
amines (FY 2021)
Breeding to eliminate bottlenecks against
practical application of microseaweed-derived
biofuel (FY 2021)

Ko YASUMOTO(Kitasato University, KitasatoInstitute)
Shigeaki HARAYAMA(Chuo University)

Green Innovation Fund

Development of super-efficient polyurethanematerial production method using CO2 (FY 2021)

Katsuhiko TAKEUCHI(National Institute of Advanced
Industrial Science and Technology)

Joint research withcompanies, etc.

Development of technology for synthesizing
lactic acid and polylactic acid from carbon
dioxide (FY 2021)

Hajime KAWANAMI(National Institute of Advanced
Industrial Science and Technology)

Joint research withcompanies
Technologies related
to CO2 separationand capture

Research project name (grant fiscal year)

JST/JST-Mirai
Joint research withcompanies, etc.
MOE
JST/A-STEP (tryout)
JSPS (grants-in-aid forscientific research)

Adaptive research on new low-temperature
methanol synthesis catalyst to IGCC+CCS (FY2020)
Development of CO2 absorber for low-cost CO2free hydrogen production (FY 2021)
Development of highly efficient DAC technology
using CO2 absorbing and releasing agents that
separate even water (FY 2021)
Research on the Realization of Setouchi Carbon
Recycling Complex (FY 2020)
Development of a compact horticultural systemwith atmospheric CO2 enrichment by membrane
separation (FY 2021)
Enhancement of plant CO2 uptake using achemical compound (FY 2022)

Noritatsu TSUBAKI(University of Toyama)
Kei INUMARU(Hiroshima University)
Fuyuhiko INAGAKI(Kobe Gakuin University)
Takayuki ICHIKAWA(Hiroshima University)
Shigenori FUJIKAWA(Kyushu University)
Yohei TAKAHASHI(Nagoya University)© 2023 Carbon Recycling Fund Institute5Research Grant

16 Projects Adopted in FY2023

Field

CO2 separation andcapture

CO2 separation andcapture(Direct Air Capture)

Name of Research Representative(Organization)

Study title
Development of Defect-Free MOF Ultrathin Membranes for
CO2 Capture

Room temperature and atmospheric pressure CR technology Hideki TANAKA
using innovative separation adsorbent and photocatalyst（Shinshu University）
Highly efficient atmospheric CO2 capture featuring with a
new CO2 emission system

Fuyuhiko INAGAKI（Kobe Gakuin University)

DAC System with Innovative Separation Membrane andPhotoresponsive Absorbent

Tatsushi IMAHORI（Tokyo University of Science）[Startup support framework]

Conversion to fuels

Development of Direct Air Capture (DAC) system usingzeolites
Development of novel on-demand laser driven chemicalprocess
Development of highly effective cathode catalysts forelectrochemical CO2 reduction

Conversion tochemicals

Shunsuke TANAKA（Kansai University）

Kei IKEGAMI（Planet Savers Inc.）
Akira KUWAHARA（Nagoya University）
Yoshikazu ITO（University of Tsukuba）

Development of Fluidized Bed Plasma Reactor for Innovative Nobusuke KOBAYASHI
Direct Methanol Production from CO2（Gifu University）
Ken MOTOKURA
Development of Reaction System for Selective Conversion
of CO2 to Chemicals with Waste Silicon as a Reducing Agent （Yokohama National University）
Development of technology to convert CO2 into usefulchemicals using electrochemical dehydration reactions

Katsuhiko TAKEUCHI（National Institute of Advanced
Industrial Science and Technology）

Development of fatty alcohol production from CO2 usingmicroorganisms

Kosuke NISHIO（Utilization of Carbon Dioxide
Institute Co., Ltd.）Social sciences

Regime Change for Carbon-Neutral Agriculture, Forestry,and Fisheries

Ayu WASHIZU（Waseda University）

Conversion to highvalue-added
materials

Development of Direct Coating Process of Carbon Nanotube Yuta SUZUKI
Films from Carbon Dioxide（Doshisha University）

Conversion tochemicals(Using organisms)

Akifumi IDO
Development of a novel electrochemical device for effective（Central Research Institute ofTechnologies related utilization of unused carbon resourcesElectric Power Industry）
to the use of bioAtsushi Alex MAZAWA[Startup support framework]
energy（Kyoto University Innovation
A New Bio-Energy with Carbon Capture & StorageCapital）
Direct use of CO2

CO2 hydrate storage and discharge system

Shin’ya OBARA（Kitami Institute of Technology）© 2023 Carbon Recycling Fund Institute6

Tree Planting

Supporting Efforts to Expand CO2 Sinks

CO2 sink study groupconsidering the development of rules for CO2 sinks

Activities to spread understanding of CO2 sinks

planting fast-growing trees with local communities and members

早生桐の植樹イベントの様子（2023年6月4日）

The need for green and blue carbon to achieve carbon neutrality
Buildings that make maximum use of woodDomestic production of biomass resources
Understanding of CO2 sink expansion and regional revitalization through citizen participation

Business Support

establishment of CO2 value chain
Working Group for Social Implementation
We studied how to connect CO2 value chains in a locality for the first time in
Takehara (Hiroshima)
Participants including CRF members, local government, and research
institutes examined how carbon recycling can contribute to local
rejuvenation together with local companies© 2023 Carbon Recycling Fund Institute7

Carbon Recycling Fund Institute

3F Daiichi Misu Building
2-34-7 Nishi-Shimbashi, Minato-ku,
Tokyo 105-0003 JAPAN
Tel: 03-6432-0011
URL: https://www.carbon-recycling-fund.jp
E-mail: info@carbon-recycling-fund.jp

WebX(Twitter)
Mail© 2023 Carbon Recycling Fund Institute