Property Certification OPPORTUNITIES IN TOKYO
Summary
The document outlines the benefits and application of the Climate Bonds Initiative's certification for commercial and residential buildings in Tokyo and 16 other Japanese cities, aiming for a zero-carbon future by 2050.
Key insights
- Tokyo faces significant challenges regarding energy consumption and a heavy dependence on fossil fuels, which contribute to greenhouse gas emissions. The document argues that investing in sustainable infrastructure can reduce the city's carbon footprint and create local business and job growth.
- The Climate Bonds Initiative provides a voluntary labelling scheme for entities, assets, and debt instruments aligned with the Paris Climate Agreement's goal of limiting global warming to 1.5 degrees Celsius. As of January 2023, this scheme has been applied to hundreds of debt instruments totaling USD 270 billion equivalent.
- The Climate Bonds Building Criteria are designed to achieve a zero-carbon future by 2050. Certification is available for commercial buildings (including offices, schools, shopping centres, and hotels), residential buildings (single-family, multi-family, and rentals), and built environment upgrades such as street lighting.
- Climate Bonds has established low carbon trajectories for commercial buildings in 17 Japanese cities, including Tokyo (Greater Tokyo area), Osaka, and Nagoya. These trajectories are determined by taking the emissions intensity of the top 15% of buildings in each city and creating a linear pathway to zero carbon by 2050.
Cite the original document
- APA
- Climate Bonds Initiative (2023). Property Certification OPPORTUNITIES IN TOKYO. https://www.climatebonds.net/files/documents/publications/building_certification_opportunities_in_tokyo.pdf
- Chicago
- Climate Bonds Initiative. Property Certification OPPORTUNITIES IN TOKYO. 2023. https://www.climatebonds.net/files/documents/publications/building_certification_opportunities_in_tokyo.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Property Certification OPPORTUNITIES IN TOKYO |date=May 2023 |url=https://www.climatebonds.net/files/documents/publications/building_certification_opportunities_in_tokyo.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2023property, author = {{Climate Bonds Initiative}}, title = {{Property Certification OPPORTUNITIES IN TOKYO}}, institution = {Climate Bonds Initiative}, year = {2023}, month = may, url = {https://www.climatebonds.net/files/documents/publications/building_certification_opportunities_in_tokyo.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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