Explore the Future of the Earth and Industries
News
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ACTIVITYREPORT
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MEDIA
Participated in the 11th OECD Forum on Green Finance and Investment
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MEDIA
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ACTIVITYREPORT
Roundtable Discussion Held with Mr. Sean Kidney, CEO of the Climate Bonds Initiative (Climate Bonds)
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INFORMATION
We held an opening ceremony.
About us
The GX Acceleration Agency is an organization established as part of the Japanese Government’s GX (Green Transformation) policy initiative to realize GX investment of over 150 trillion yen in the next 10 years.
The activities of the GX Acceleration Agency include:
- Provision of financial support such as debt guarantees for GX projects
- Operation of carbon emissions trading system
- Collection of "GX-Surcharge" (Surcharge on fossil fuel supply)
- Promotion of research and collaboration among stakeholders on GX policies and practices
Profile
- Name
- GX Acceleration Agency
- Business start date
- July 1, 2024
- Basis for establishment
- Act on Promoting a Smooth Transition to a Decarbonized Growth-Oriented Economic Structure (Act No. 32 of 2023)
- Location
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1-13-2 Yurakucho, Chiyoda-ku, Tokyo
- Representative
- Chairperson: TSUTSUI Yoshinobu
- Capital
- 10.98 billion yen (as of May 15, 2024)
Message from the Chairperson
As global efforts to realize GX accelerate, it is essential for Japan to cooperate in a trinity of industry, finance, and policy in order to achieve both decarbonization and economic growth. As a core institution promoting GX investment across the public and private sectors, the GX Acceleration Agency will first begin with financial support operations such as debt guarantees and equity investments, and then also undertake administration of the carbon pricing mechanism. As a partner with industries to accelerate the transition of the economy towards decarbonization, we will work with you to achieve the change.
Executives
- Chairperson
- TSUTSUI Yoshinobu
- Chief Operating Officer
- SHIGETAKE Naoki
- Director (Strategy and Management)
- KAJIKAWA Fumihiro
- Director (Finance and Sustainability)
- TAKADA Hideki
- Director (Financial Acceleration)
- INOUE Mineto
- Director (Credit)
- IOMORI Kanae
- Auditor
- CHIHARA Maiko
Steering Committee
- Chairperson
- TOKURA Masakazu
- (Chairman of Keidanren (Japan Business Federation))
- member
- SHIRAISHI Takashi
- (Honorable Emeritus Professor at Prefectural University of Kumamoto)
- member
- ITOH Motoshige
- (Professor Emeritus, The University of Tokyo)
- member
- KAJIWARA Atsuko
- (Managing Executive Officer, Head of Sustainable Finance Evaluation Group, Japan Credit Rating Agency, Ltd.)
- member
- MORIMOTO Hideka
- (Professor, School of Law, Waseda University)
- member
- YOSHITAKA Mari
- (Fellow (Sustainability), General Manager of Sustainability Management Support Office, Mitsubishi UFJ Research and Consulting Co., Ltd.)
- member
- YOSHII Kumiko
- (Partner at TMI Associates)
Financial support
Basic Concept
Through its financial support operations, the GX Acceleration Agency identifies risks that private financial institutions cannot truly take in funding social implementation of new GX technologies and provides mitigation measures for those risks. In order to avoid bottlenecks in the promotion of GX throughout Japan, the Agency actively undertakes risks where necessary.
When deciding whether to provide financial support, we take into consideration not only the business sustainability of the project but also a comprehensive range of factors including: impacts on industrial competitiveness, economic growth and environmental improvements; impacts on the society such as the accumulation of human capital and the creation of quality jobs; the contribution to GX policies; the effect of mobilizing private finance: and the contribution to the development of new financial methods.
Financial support measures
For project consultations and other inquiries, please contact the following:
Email:gx_acceleration_agency★gxa.go.jp
*Please replace [★] with [@].