Business urges Japan to chart a clear path to net-zero emissions by 2050

The We Mean Business coalition, representing nearly 900 global companies, calls on Japan to establish a clear path to net-zero domestic emissions by 2050. The coalition argues that clear, long-term government policies are necessary to provide businesses with the confidence to invest in zero-carbon technologies and avoid stranded assets. To achieve this, they recommend that Japan implement quantitative decarbonization targets across all sectors, prioritize renewable energy deployment, phase out coal, introduce carbon pricing, and support green finance.

• The We Mean Business coalition calls on Japan to create a long-term strategy aiming for net-zero domestic greenhouse gas emissions by 2050 at the latest to demonstrate leadership as the host of the June 2019 G20 Summit.
• A lack of clear, long-term government signals and supporting policies is identified as a barrier that slows down or disincentivizes businesses from accelerating their climate actions.
• Approximately 100 Japanese companies, with electricity consumption of 36 TWh and sales totaling nearly 71 trillion yen, have already requested that the government include a 2050 net-zero domestic emissions goal in its strategy.
• The coalition recommends several specific policy measures for Japan's strategy, including time-bound decarbonization targets for all sectors, a deadline to phase out coal, the implementation of carbon pricing, and the update of Japan's Nationally Determined Contribution (NDC) in 2020.

APA

We Mean Business Coalition (2019). Business urges Japan to chart a clear path to net-zero emissions by 2050. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/business-urges-japan/

Chicago

We Mean Business Coalition. Business urges Japan to chart a clear path to net-zero emissions by 2050. 2019. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/business-urges-japan/.

Wikipedia

{{cite press release |author=We Mean Business Coalition |title=Business urges Japan to chart a clear path to net-zero emissions by 2050 |date=14 May 2019 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/business-urges-japan/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{wemeanbusinesscoalition2019business, author = {{We Mean Business Coalition}}, title = {{Business urges Japan to chart a clear path to net-zero emissions by 2050}}, publisher = {We Mean Business Coalition}, year = {2019}, month = may, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/business-urges-japan/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }