LDP Panel Urges Japan to Set Emissions Reduction Target by June

(Bloomberg) — Japan should set its target for greenhouse
gas emission reductions by the June G7 Summit meetings in
Germany, according to a proposal by a panel of the ruling
Liberal Democratic Party.

The panel was to meet with cabinet ministers Thursday to
submit the proposal.

“As a responsible member of the major developed countries,
Japan should submit a reduction target for 2020 and after by the
G7 summit in June at the latest,” the panel said.

Japan was among the countries that missed the March 31
deadline to file greenhouse gas pledges to the United Nations.
The European Union promised a 40 percent cut from 1990 levels by
2030. The U.S. said it will cut emissions by 26 percent to 28
percent from 2005 levels by 2025.

“Japan should set an ambitious target that is comparable
to targets by the EU and the U.S. and also globally
commendable,” the panel said.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at

To contact the editors responsible for this story:
Reed Landberg at
Iain Wilson, Jason Rogers

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us