Since the beginning of the COVID19 pandemic in early 2020, Japan has committed at least USD 1.65 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 1.61 billion for unconditional fossil fuels through 3 policies (2 quantified and 1 unquantified)
- No public money commitments identified for conditional fossil fuels
- At least USD 46.19 million for unconditional clean energy through 2 policies (1 quantified and 1 unquantified)
- No public money commitments identified for conditional clean energy
- No public money commitments identified for other energy
Supporting fossil fuel energy
Supporting clean energy
By energy type, Japan committed at least USD 1.61 billion to oil and gas (at least USD 1.61 billion to unconditional oil and gas).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Japan through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
Public money commitments to fossil fuels, clean and other energy in recovery packages, USD billion, as of 25 November 2020
|Country||Jurisdiction||Category||Policy name||Sector||Energy Type||Mechanism||Value committed, USD||Date of announcement||Policy type||Stage||Legislation and Endorsing Agency||Arm of Government||Primary and secondary stated objective of the policy||Date of entry into force||Implemented repeal date, if any||Value as stated (specify currency)||Value committed, national currency||Value disbursed, national currency||Value disbursed, USD:||Policy background||Links to official sources||Links to additional sources|
|Japan||National||Clean unconditional||Prime Minister’s pledge for carbon neutrality by 2050||Multiple sectors||Multiple energy types||Budget or off-budget transfer ...||2020102626/10/2020||Fiscal||Exploration or production or processing or storage or transportation||Government||At the 203rd Session of the Diet, Prime Minister Suga declared "My administration will devote itself to the greatest possible extent to bring about a green society, while focusing on a virtuous cycle of the economy and the environment as a pillar of our growth strategy. We hereby declare that by 2050 Japan will aim to reduce greenhouse gas emissions to net-zero, that is, to realize a carbon-neutral, decarbonized society. Addressing climate change is no longer a constraint on economic growth. We need to adjust our mindset to a paradigm shift that proactive climate change measures bring transformation of industrial structures as well as our economy and society, leading to dynamic economic growth." In the same speech Prime Minister Suga also mentioned "We will also drastically change our longstanding policies on coal-fired power generation."||
https://japan.kantei.go.jp/99_suga/statement/202010/_00006.html Accessed 18 November 2020
|Japan||National||Fossil unconditional||Guarantee for Loans to ANA by Private Financial Institutions for Importing Aircraft||Mobility||Oil and oil products||Loan guarantee (Hybrid)||790798651.20791||2020063030/06/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Japan Bank for International Cooperation||Government||Primary: support airline company's import of air craft in the context of operational difficulty under C-19.||JPY 85.6 billion||85600000000||Japan Bank for International Cooperation (JBIC) provides this guarantee in order to support ANA in obtaining financing from private financial institutions to import 6 aircraft from The Boeing Company in the U.S. and Airbus S.A.S. in France. It will contribute to maintaining and improving the international competitiveness of the Japanese aviation industry.||
|Japan||National||Fossil unconditional||Guarantee for Loans to Japan Airlines (JAL) by Private Financial Institutions for Importing Aircraft||Mobility||Oil and oil products||Loan guarantee (Hybrid)||816665896.80817||2020060909/06/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Japan Bank for International Cooperation||Government||Primary: support airline company's import of air craft in the context of operational difficulty under C-19.||JPY 88.4 billion||88400000000||Japan Bank for International Cooperation (JBIC) provides this guarantee in order to support JAL in obtaining financing from private financial institutions to import 8 aircraft from The Boeing Company in the U.S. and Airbus S.A.S. in France. It will contribute to maintaining and improving the international competitiveness of the Japanese aviation industry.||
|Japan||National||Fossil unconditional||Extension of temporary relief of automobile tax and light vehicle tax environmental performance fee||Mobility||Oil and oil products||Tax or royalty or govt fee bre...||2020042020/04/2020||Fiscal||Energy use (all energy types, consumption in transport, household use, buildings etc)||Ministry of Internal Affairs and Communications||Government||to reduce the negative impacts of the COVID-19-related restrictions on the economy||The applicable rates of the differentiated automobile tax/light vehicle environmental performance fee were reduced by one per centage point. Since the tax is levied locally, the national government committed to compensate local budgets for the losses.||
|Japan||National||Clean unconditional||Support for on-site solar power generation||Power generation||Solar||Budget or off-budget transfer ...||46191510.000462||2020060808/06/2020||Fiscal||Electricity generation||Ministry of Internal Affairs and Communications||Government||Support clean, disaster-proof energy||¥5,000,000,000||5000000000||Support the installation of self-consumption, on-site solar power generation facilities through PPA. Also includes support for supply chain reform and domestic investment in production bases.||
https://www.env.go.jp/guide/budget/r02/r0204-hos-gaiyo/005.pdf Accessed 8 June 2020