電気事業者に関するクライテリア

The 'Electrical Utility Criteria' (March 2024) by the Climate Bonds Initiative provides a framework for certifying electrical utilities, sustainability-linked debt (SLD), and use-of-proceeds (UoP) bonds. It establishes a transition pathway for greenhouse gas (GHG) emission intensity, aiming for net-zero by 2040 to align with a 1.5C goal. The criteria set specific thresholds for existing and new power generation capacities, including strict limits on non-combustion emissions for low-carbon sources and a phase-out schedule for unabated fossil fuel plants.

• The criteria establish a sector-specific transition pathway for average GHG emission intensity (gCO2/kWh) that utilities must align with by December 31, 2030, at the latest, targeting net-zero by 2040. The specific benchmarks are 460 gCO2/kWh in 2025, 186 in 2030, 48 in 2035, 3 in 2040, and 0 by 2045 and 2050.
• For existing capacity, unabated coal and oil plants must be phased out by 2030 in advanced economies and 2040 in emerging economies. Unabated fossil gas plants must be phased out by 2040 in both. Alternatively, these plants must be decarbonized by 2035 (advanced) or 2040 (emerging) using CCS/CCUS with a 90% capture rate or 100% low-carbon fuel co-firing.
• New generation capacity must meet stricter GHG thresholds. Low-carbon facilities (hydro, geothermal, and bioenergy) must have emissions  50gCO2e/kWh. Solar and wind are automatically eligible. New fossil fuel capacity is generally not permitted, though switching from coal to gas may be considered under specific safety and emission conditions.
• Use-of-Proceeds (UoP) bonds for decarbonizing fossil fuel plants are eligible if they fund CCS/CCUS with a 90% capture rate from the start of operation until bond redemption, or the introduction of turbine burners for 100% co-firing with low-carbon fuels (hydrogen, hydrogen-derived fuels, or liquid/gaseous biofuels).
• Cross-cutting requirements for CCS/CCUS mandate that CO2 transport leakage must not exceed 0.5% of the transported mass. CO2 utilization is only eligible if the CO2 is used for durable products, such as construction materials or recyclable products like PET, and must not be used for enhanced oil recovery.
• For bioenergy, the GHG emissions from production and transport must not exceed 5.5gCO2e/MJ (equivalent to 50gCO2e/kWh at 40% efficiency). Additionally, biomass must be sourced from specific wood energy crops or agricultural residues and must comply with anti-deforestation and food security requirements.

APA

Climate Bonds Initiative (2024). 電気事業者に関するクライテリア. https://www.climatebonds.net/files/drupal-files/files/Jpn_electrical-utility-criteria_final.pdf

Chicago

Climate Bonds Initiative. 電気事業者に関するクライテリア. 2024. https://www.climatebonds.net/files/drupal-files/files/Jpn_electrical-utility-criteria_final.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=電気事業者に関するクライテリア |date=March 2024 |url=https://www.climatebonds.net/files/drupal-files/files/Jpn_electrical-utility-criteria_final.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2024, author = {{Climate Bonds Initiative}}, title = {{電気事業者に関するクライテリア}}, institution = {Climate Bonds Initiative}, year = {2024}, month = mar, url = {https://www.climatebonds.net/files/drupal-files/files/Jpn_electrical-utility-criteria_final.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }