## (2) "The Low-Carbon Emission Revolution by the Future Development Strategy"

The “Future Development Strategy” was compiled under the instruction of Prime Minister Taro Aso and was approved at the Council on Economy and Fiscal Policy. In addition to “A Healthy Long-Lived Society in which People Feel Secure and Strong” and “Promoting the Attractiveness of Japan,” “Leading the World in the Low-Carbon Emission Revolution” was indicated as a future pillar for which Japan should aim in 2020. These plans include leading the world in solar

Table3-2-2 Contents of “The Innovation for Green Economy and Society” Policy

Policy measures	Contents
Innovation toward green social capital	· Eco-reform across the nation starting with public facilities such as schools (eco-reform in schools, public and local government's facilities)
· Eco-reform in cities and transportation (①Develop eco and human friendly compact cities ②Develop eco-friendly transportation infrastructure ③Create water infrastructure that is eco-friendly and secures human health)
· Clean up our land (①Disposal of illegally dumped waste ②Disposal of marine litter ③Measures against PCB and Asbestos)
· Beautiful nature and waterside (①Securing beautiful nature ②Securing beautiful waterside and water environment)
· Measures to adopt climate change caused by global warming
Innovation toward green local communities	· Support for local government centralized environmental conservation approaches (①Development of eco-friendly regions ②Development of eco-friendly transportation system ③Prevention of pollution including atmospheric and water environment)
· Support for local communities approaches (①Development of active local regions by conservation and utilization of the natural environment ②Development of active local regions by eco-specialist training and various entities)
· Development of healthy forests, farms and fishing villages (①Maintenance and preservation of forests by also utilizing urban power ②Environmentally-friendly agriculture, forestry and fisheries)
· Development of a sound material-cycle society in towns and regions (①Revitalizing sound material-cycle community ②Promotion of reduce and reuse ③Cyclical utilization of biomass resources ④Promotion of circulatory use of water ⑤Circulatory use of nitrogen and phosphorus
Innovation toward green consumption	· Promotion of purchasing energy-saving household electric appliances simultaneously (①Explosive popularization of energy-saving home appliances ②Promotion of Green purchasing and contracting)
· Dissemination of the next generation energy-saving houses and buildings (①Dissemination and expansion of houses and buildings with high environmental performance ②Eco-friendly renovation and life prolongation of existing houses and buildings)
· Approaches toward dissemination of the next generation vehicles (①Promotion of the next generation vehicles ②Installation of necessary facilities for supplying biofuels and quick charging equipment ③Promotion of the introduction of biofuels ④Introduction of next generation vehicles initiated by the State and other entities)
Innovation toward green investment	· Systems to integrate environmental conscious into economic activities (①Emission trading system ②Greening of the tax system ③Dissemination of carbon offset)
· Finance fostering green investment (①Expansion of loans for promoting environmental capital investment ②Promotion of loans on eco-friendly companies and the environmental industry)
· Promotion of environment-friendly operations
· Promotion of information greening
· Promotion of sound material-cycle business (①Sophistication of recycling systems and technologies ②Improvement of liability and transparency of sound material-cycle society businesses ③Promotion of low-carbonized waste disposal)
· Greening the energy industry (①Approaches to become a major renewable energy power ②Approaches to utilize local resources ③Safe and secure nuclear power generation)
Innovation toward green technology	· Basic research for improving and developing both the environment and the economy (①Promotion of the research on environmental economics and policy studies ②Mid and long-term target achievement policy research roadmap for developing low-carbon society)
· Long-term technological development targeting at 2050
· Technological development considering practical use and dissemination in 10 to 20 years
· Dissemination and utilization of environmental technologies (①Dissemination of cutting-edge environmental technologies and utilization of existing technologies ②Environmental technology development and support in regions)
· Adaptation measures to climate change caused by global warming (①Implementation of global warming forecast at regional level ②Research and development on adaptation measures)
· Promotion of environmental monitoring, environmental management and information collection and provision (①Environmental monitoring and promotion of environment management ②Collection, analysis and provision of information toward the 10th Conference of the Parties to the Convention on Biological Diversity)
Contribution for Green Asia	· Strategic and systematic deployment of environmental cooperation through locations
· Development of environmental model cities in Asia
· Promotion of Co-benefit Approach
· Support for formulating sound water cycle
· Developing a sound material-cycle society at Asian level
· Develop society in harmony with nature in Asia
· Measures against trans-boundary pollution

Source: Ministry of the Environment

Figure3-2-1 Effects of Global Warming Measures on the Regional Economy

Note 1: The trial calculation is based on Kochi Prefecture's input-output table, regarding economic ripple effects if about 35 billion yen were invested.

2: A trial calculation was made on the induced effect of the value-added—not the effect of the induced product, in order to grasp the effect of the income improvement within the region. Although ripple effects outside the region are substantially considered, due to product delivery in actuality, trial calculation has not been made this time.

3: Reduced value of utility costs on global warming measures is the value subtracting the margin earned by gas stations and decrease of sales from global warming measures, including electric power which has originally been procured within the region.

Note 4: GHG emissions reduction credit is under the assumption that 5% were sold without the border (20,000 yen/ ton - CO $ _2 $ equivalent). Source: Ministry of the Environment, a conference report on “Global warming measures and regional economic cycle” (March, 2009)