The Ministry of Economy, Trade and Industry said that in order to realize a decarbonized society, it is important for Japanese companies to improve their technological capabilities through participation in decarbonized projects being promoted in Asian countries, and through loans from government-affiliated financial institutions. We plan to provide 1 trillion yen in funding to support these movements.
Since technological innovation in the private sector is indispensable for the realization of a carbon-free society, the government has decided to set up a 2 trillion yen fund to support corporate R & D.
In addition to this, the Ministry of Economy, Trade and Industry will provide 1 trillion yen in funds for projects for decarbonization in Asia through loans from the government-affiliated financial institution "Japan Bank for International Cooperation" and participate in Japanese companies. It is a policy to support.
In addition to the conversion to thermal power generation using natural gas, which emits about half the amount of carbon dioxide as coal, and the introduction of renewable energy such as solar power and wind power, carbon dioxide from thermal power plants is collected and ground By cooperating with technologies that can be contained deep inside, we hope to improve the technological capabilities of Japanese companies.
Through these projects, the Ministry of Economy, Trade and Industry also aims to increase Japan's influence toward strengthening relations with resource-rich countries such as Malaysia and creating an international system for decarbonization, and the Ministry of Economy, Trade and Industry has adopted this policy in the next basic energy plan. It is a policy to include it.