GX2040 Vision for Decarbonized Growth Economy Strategy Approved

Japan has developed the ‘GX2040 Vision’ aimed at achieving simultaneous energy stability, economic growth, and decarbonization through a strategic investment initiative. The government plans to mobilize approximately 150 trillion yen in public and private investment over the next decade. This revised strategy was necessary due to increasing uncertainties in the investment environment and is intended to increase predictability for future investments toward decarbonization efforts.