Realizing carbon neutrality by 2050 will require an enormous effort. We need to significantly accelerate structural changes in the energy and industry sectors, and bold investment to make innovation.

“The Green Growth Strategy” will produce and direct all available policies, including budget, taxation, finance, regulatory reforms/standardization, and international cooperation, towards that goal.

This will support the forward-looking challenges of companies, such as making bold investments to make innovation, and realize transformation in the industrial structure and social economy.

2. Details of update

Action such as changes in corporate R&D policies and management policies has already begun. We updated “The Green Growth Strategy” further in order to accelerate this trend.

In order to trigger a spiral of innovation, the detailed strategy formulated for this effort focuses on the following two points: 1) updating policy measures and goals to be achieved in each area, and 2) presenting benefits to people’s lives, in addition to decarbonization effects.