Clean Energy RD&D investments
- Japan has achieved a commitment to double of public investment to clean energy RD&D since FY2020, and the amount reached 114.8 billion yen in 2021FY (compared to 45.0 billion in 2016FY). Japan will seek to keep or increase the level of investment over the next five years.
- In addition, In October 2020, Prime Minister Suga declared the goal of realizing a carbon-neutral, decarbonized society by 2050. To achieve this, the Green Innovation Fund of 2 trillion yen was established to provide support on R&D of enterprises over 10 years.