Glossary

An international principle for managing greenhouse gas (GHG) emissions in ship financing formulated by major European and American Financial Institution in 2019. It is a framework for evaluating and disclosing the consistency of ship financing portfolios with the IMO (International Maritime Organization) GHG reduction targets, and is a system that supports and promotes the decarbonization of the shipping industry through the investment and lending activity of Financial Institution .

A market mechanism introduced to reduce greenhouse gas emission amount. Countries and companies are required to set greenhouse gas emission amount and limit emissions within those limits. If emission amount exceed the quota, the company can purchase surplus emission credits on the market, and conversely, companies that achieve lower emissions than the quota can sell the surplus emission credits to other companies. This mechanism makes it possible for companies to reduce greenhouse gas emissions cost-effectively.

This law aims to improve public health and protect the living environment through the proper disposal and reuse of waste in Japan. Specifically, it sets standards for waste collection, transportation, intermediate processing, and final disposal, and prevents illegal dumping and inappropriate processing. It also promotes recycling and the effective use of resources, and requires businesses to properly dispose of their own waste. There are severe penalties for violations, and it plays a role in protecting the health of local communities and residents.

Biomass such as plants is carbonized by blocking oxygen at high temperatures. It is used as a soil conditioner, improving soil water retention and breathability. Biochar can also fix carbon for long periods of time, which contributes to reducing carbon dioxide emissions and mitigating climate change. It also leads to the effective use of agricultural waste and reduced fertilizer use, helping to promote sustainable agriculture. Biochar is attracting attention from the perspectives of both environmental conservation and agricultural production.

Refers to organic matter derived from living organisms such as plants, animals, and microorganisms. It has attracted attention as a renewable Energy source, and biomass includes wood, agricultural crops, and waste. When used as fuel, it emits less greenhouse gases than fossil fuels, contributing to the realization of carbon neutrality. In addition, the effective use of waste also contributes to resource circulation and waste reduction. Biomass Energy is widely used for power generation, heat supply, and as biofuel.

Renewable Energy Manufacturing using organic matter from plants and animals. Representative examples are bioethanol and biodiesel, which are produced from agricultural crops such as corn, sugarcane, and soybeans. Unlike fossil fuels, biofuels are garnering attention as a measure against global warming because they limit the increase in the amount of carbon dioxide in the atmosphere even when used.

Law concerning the rationalization of the use and proper management of fluorocarbons.The law was enacted in 2015 to regulate the Manufacturing and disposal of fluorocarbons, which are a cause of global warming. In order to prevent the leakage of fluorocarbons, it requires the inspection and proper disposal of equipment that uses fluorocarbons. In 2020, amendments were made to the law, including the introduction of criminal penalties.

International climate change framework.It was adopted at the 2015 United Nations Framework Convention on Climate Change Conference of the Industry(COP21).It sets a long-term goal of keeping global warming to well below 2 degrees Celsius and striving to keep it within 1.5 degrees Celsius. It features a mechanism in which all member countries voluntarily submit greenhouse gas reduction targets and periodically review them.

As stipulated in the text of the United Nations Framework Convention on Climate Change (UNFCCC),One of the categories for treating developed and developing countries. Countries that mention greenhouse gas reduction targets (developed countries and countries in transition to a market economy. Specific countries are listed. Note that there is no reduction obligation in this treaty).