Dubai Telegraph - Japan sets new 2035 emissions cut goal

EUR -
AED 4.167277
AFN 82.344889
ALL 99.55175
AMD 443.152937
ANG 2.031034
AOA 1041.525714
ARS 1221.14171
AUD 1.820188
AWG 2.045044
AZN 1.935102
BAM 1.957801
BBD 2.291362
BDT 137.883028
BGN 1.955639
BHD 0.427647
BIF 3373.524999
BMD 1.13456
BND 1.498532
BOB 7.842015
BRL 6.626847
BSD 1.13487
BTN 97.701998
BWP 15.828178
BYN 3.713929
BYR 22237.368327
BZD 2.27953
CAD 1.574139
CDF 3264.128179
CHF 0.924581
CLF 0.029089
CLP 1117.291567
CNY 8.298734
CNH 8.287788
COP 4958.876409
CRC 582.300289
CUC 1.13456
CUP 30.06583
CVE 110.377815
CZK 25.150463
DJF 201.888125
DKK 7.467422
DOP 70.087001
DZD 149.507746
EGP 58.228322
ERN 17.018394
ETB 147.463219
FJD 2.593941
FKP 0.876802
GBP 0.867002
GEL 3.131029
GGP 0.876802
GHS 17.590783
GIP 0.876802
GMD 81.875711
GNF 9831.182716
GTQ 8.753825
GYD 237.436149
HKD 8.798878
HNL 29.354014
HRK 7.53858
HTG 148.993946
HUF 413.574038
IDR 19085.841194
ILS 4.219733
IMP 0.876802
INR 97.916787
IQD 1483.605793
IRR 47738.916247
ISK 147.068784
JEP 0.876802
JMD 179.367349
JOD 0.804366
JPY 161.882343
KES 146.977986
KGS 98.775915
KHR 4542.704634
KMF 498.693873
KPW 1021.170526
KRW 1646.17747
KWD 0.348381
KYD 0.940383
KZT 585.466715
LAK 24587.262439
LBP 101955.483426
LKR 336.990488
LRD 226.976878
LSL 22.158696
LTL 3.35006
LVL 0.686284
LYD 6.286267
MAD 10.670117
MDL 20.131882
MGA 5194.335443
MKD 63.518744
MMK 2382.202165
MNT 3985.861918
MOP 9.067777
MRU 45.004929
MUR 51.23701
MVR 17.525216
MWK 1968.85517
MXN 23.143996
MYR 5.070976
MZN 72.466762
NAD 22.158696
NGN 1815.10001
NIO 41.764441
NOK 12.105978
NPR 156.740296
NZD 1.956947
OMR 0.43679
PAB 1.13456
PEN 4.2298
PGK 4.646577
PHP 65.065996
PKR 318.500936
PLN 4.327763
PYG 9094.616697
QAR 4.130132
RON 5.046186
RSD 118.729598
RUB 95.763034
RWF 1607.569912
SAR 4.254454
SBD 9.643593
SCR 16.395751
SDG 681.089107
SEK 11.123188
SGD 1.510166
SHP 0.891586
SLE 25.84542
SLL 23791.148939
SOS 646.955114
SRD 41.593292
STD 23483.093229
SVC 9.92734
SYP 14751.656104
SZL 22.158696
THB 38.430618
TJS 12.333567
TMT 3.969923
TND 3.440097
TOP 2.732784
TRY 43.179989
TTD 7.709901
TWD 37.219207
TZS 3028.935505
UAH 46.920363
UGX 4180.88753
USD 1.13456
UYU 49.224457
UZS 14715.545661
VES 84.644222
VND 29242.835129
VUV 142.714063
WST 3.231229
XAF 664.925165
XAG 0.036033
XAU 0.000353
XCD 3.070582
XDR 0.848113
XOF 664.925165
XPF 119.331742
YER 278.390531
ZAR 21.880532
ZMK 10212.400836
ZMW 31.858461
ZWL 365.327731
  • RYCEF

    0.2200

    9.08

    +2.42%

  • RBGPF

    -5.9900

    62.01

    -9.66%

  • CMSC

    -0.3100

    21.84

    -1.42%

  • NGG

    0.9900

    66.58

    +1.49%

  • AZN

    0.3000

    65.17

    +0.46%

  • GSK

    0.3900

    33.99

    +1.15%

  • VOD

    0.2000

    8.65

    +2.31%

  • BTI

    0.6900

    41.24

    +1.67%

  • RIO

    1.2200

    56.09

    +2.18%

  • BP

    -0.2600

    25.97

    -1%

  • BCC

    -1.9000

    92.78

    -2.05%

  • RELX

    0.0150

    49.035

    +0.03%

  • SCS

    -0.3400

    9.87

    -3.44%

  • CMSD

    -0.1700

    22.03

    -0.77%

  • BCE

    0.3900

    21.37

    +1.82%

  • JRI

    -0.0400

    11.725

    -0.34%

Japan sets new 2035 emissions cut goal
Japan sets new 2035 emissions cut goal / Photo: Philip FONG - AFP

Japan sets new 2035 emissions cut goal

Japan Tuesday pledged to slash greenhouse gas emissions by 60 percent in the next decade from 2013 levels but climate campaigners said the revised target fell short of what was needed under the Paris Agreement to limit global warming.

Text size:

Under the Paris Agreement, each country is supposed to provide a steeper headline figure to the United Nations for cutting heat-trapping emissions by 2035, and a detailed blueprint for how to achieve this.

But activists say more ambitious action is needed to limit global warming to safer levels agreed under the Paris deal.

Japan's environment ministry said it aims to slash emissions 60 percent by the 2035 fiscal year.

The world's fourth-largest economy also aims to cut emissions by 73 percent by fiscal 2040 as part of its new Nationally Determined Contribution (NDC) -- a voluntary pledge to be submitted to the UN later on Tuesday.

Japan is heavily dependent on imported fossil fuels as the world's fifth largest single-country emitter of carbon dioxide after China, the United States, India and Russia.

Nearly 200 nations had been required to deliver their fresh climate plans by February 10 but just 10 did so on time, according to a UN database tracking the submissions.

The Japanese ministry said Tuesday that its "ambitious targets (are) aligned with the global 1.5 degree Celsius goal and on a straight pathway towards the achievement of net zero by 2050".

But Masayoshi Iyoda from international environmental group 350.org noted that scientists say an emissions cut of 81 percent by 2035 is needed for Japan to honour its commitments to the 1.5 degree objective.

"This is a major failure in Japan's attempt to transition to a future of renewable energy that is fair and just," he told AFP.

Kazue Suzuki of Greenpeace Japan also called the new 2030 target "far too low", calling for a 78 percent reduction "from the perspective of our responsibility as an industrially advanced country".

- Renewable future? -

In 2016, Japan committed to a 26 percent reduction in emissions by 2030. It strengthened this in 2021 to 46 percent by 2030 compared to 2013 levels.

The Japanese government also on Tuesday approved its latest Strategic Energy Plan -- which includes an intention to make renewables the country's top power source by 2040.

Nearly 14 years after the Fukushima disaster, Japan also sees a major role for nuclear power to help it meet growing energy demand from AI and microchip factories.

So a previous pledge to "reduce reliance on nuclear power as much as possible" was dropped from the new plan.

A draft energy plan released in December had said Japan would jointly promote renewable energy and hydrogen fuel with its ally the United States.

But after President Donald Trump pulled Washington out of the Paris accord last month, the wording has been watered down, with mentions of a US-led clean economy framework deleted from the edition approved on Tuesday.

"We've made certain tweaks" following Trump's announcements, an industry ministry official told reporters Monday.

But "it doesn't mean Japan's broader efforts towards a 'green transformation' will be changed significantly", he said.

Nearly 70 percent of Japan's power needs in 2023 were met by power plants burning coal, gas and oil -- a figure Tokyo wants to slash to 30-40 percent over the next 15 years.

Almost all these fossil fuels must be imported, at a cost of around $470 million per day according to Japanese customs.

Under the new plans, renewables such as solar and wind are expected to account for 40-50 percent of electricity generation by 2040.

R.Mehmood--DT