Messages from Keidanren Executives and Contributed articles to Keidanren Journals November, 2024 Transition White Paper 3.0
It has been three years since we published our カジノシークレット 出金遅いuot;Transition White Paper,カジノシークレット 出金遅いuot; in which we, as a Japanese financial institution, compiled the efforts and aspirations of Japan and its companies in relation to their energy transition initiatives. We have been carrying this document with us as we engaged in conversation with policymakers and financial institutions across Europe and the United States. However, there has been significant changes to the situation surrounding carbon neutrality both domestically and internationally since we published that paper.
In Europe カジノシークレット 出金遅い United States, there is now a clear distinction between the areas where there is healthy growth of private investment supported by government policy, カジノシークレット 出金遅い areas where private investment is lagging, which has been due in part to recent inflation. Meanwhile, there has also been an increased recognition of the importance of the energy transition, which is a subject Japan has long emphasized. This has increased the significance of Japan's strategic cooperation with Asia on decarbonization, particularly ASEAN.
This change in circumstances surrounding carbon neutrality has brought to the fore the fundamental issue of how to bear the costs associated with カジノシークレット 出金遅いuot;internalizing externalities.カジノシークレット 出金遅いuot; It suggests that the カジノシークレット 出金遅いuot;cost pass-through barrierカジノシークレット 出金遅いuot; will become a challenge that the world will face regularly in the future. Nevertheless, Japan is not standing idly by. We have been steadily establishing policy support frameworks and achieving emission reductions comparable with other regions. However, given the resource constraints that our country will inevitably face, it is imperative that we take concrete measures to accelerate our energy transition.
As a financial institution, we are committed to fulfilling our social mission of supporting the commercialization and social implementation of next-generation technologies to achieve a カジノシークレット 出金遅いuot;responsible transitionカジノシークレット 出金遅いuot;. We will do this while also understanding the unique characteristics and initiatives of each region. Japan has pursued diverse technological options that range from efforts by individual corporations to cross-industry initiatives. In order to improve progress, it is necessary to engage in public-private dialogues to discuss the construction of supply chains, industrial clusters, and the nature of policy support.
Another critical task in the energy transition is to create an environment that facilitates the pass-through of costs, which has become a widespread issue, including in Europe カジノシークレット 出金遅い United States. In order for Japanese consumers to accept this burden, stable economic growth is essential. In addition, there needs to be a shift in household behavior and a change in public awareness of the cost pass-through of green products. To ensure Japanese consumers take ownership of pass through costs, the business community must seize this opportunity to actively engage in public outreach.
In this year's カジノシークレット 出金遅いuot;White Paper 3.0,カジノシークレット 出金遅いuot; we have raised questions about the necessity of diverse options in achieving a responsible transition, and the importance of cost pass-through and international collaboration on a global scale. As a Japanese financial institution, we aim to improve the international understanding of Japan's transition efforts and contribute to solving these challenges.