The Japan government approved the third new targets to reduce the country’s greenhouse gas emissions by 2040, along with a revised energy plan and an up -to -date industrial policy for the same period.

Measures, which seek to enhance the long -term political stability for businesses, focus on promoting carbonate exemption, securing stable energy supply and enhancing industrial capacity to promote economic growth.

According to the new climate policy, Japan aims to reduce greenhouse gas emissions 60% from 2013 to 2035 levels and against 73% by 2040expanding its target to reduce by 46% for 2030.

The target of reducing emissions sparked calls for deeper reductions by experts and members of the ruling coalition when it was first nominated, as the fifth largest carbon emission in the world is struggling to reduce its dependence on fossil fuels.

Although more than 80% of the 3,000 public comments support a more ambitious goal, the Ministries of Environment and Industry finalized the target without changes, citing previous climate expert debate.

As part of global efforts to combat climate change, Japan plans to submit to the United Nations this month its new target, known as National determined contribution (Ndc) based on Paris Agreement.

The revised energy policy aims for renewable energy to represent up to 50% of Japan’s electricity mixture by the financial year 2040, with nuclear power contributing another 20% as the country is pushing for clean energy while covering increasing demand energy.

Japanese utility companies find it difficult to restart nuclear reactors after destruction Fukushima In 2011, limiting nuclear power to just 8.5% of Japan’s electricity supply in 2023.

The new energy plan abolishes the previous objective of minimizing nuclear dependence and calls for the construction of next generation reactors.

A new national strategy that incorporates the exemption from carbon broadcasts and industrial policy by 2040, aligned with the emissions target and the energy plan, was also approved by the Council of Ministers.

It aims to develop industrial complexes in areas rich in renewable energy, nuclear power and other low carbon energy sources.

However, uncertainties are emerging regarding Japan policies, as the domestic offshore wind market, a key driver of renewable energy growth, faces opposite directions from inflation and high costs, recently pushing Mitsubishi Corp 8058.T Domestic works.

In addition, the decision of the US President Donald Trump to withdraw the US from the Paris Agreement And their negative attitude on renewable energy has further blurred world expansion efforts.