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4.85. In July 2022, the new Act[the Act on Special Measures Concerning Promotion of Use of Renewable Energy Electricity] started to oblige solar-power generation operators authorized under the FIT/FIP systems to deposit a decommissioning reserve, in principle, with the Organization for Cross-Regional Coordination of Transmission Operators (OCCTO). This external reserve system targets all the authorized operators with capacities of at least 10 kW and requires their deposits for 10 years before the systems cease to apply to respective projects. This measure was introduced to address public concerns that operators unlawfully dump or abandon the used solar panels after their projects.

4.105. (...) March 2020, the FSA[the Financial Services Agency] revised Japan's voluntary Stewardship Code for Institutional Investors, as part of a wider corporate governance reform.(...) Key changes reflected in the Revision Code include a stronger focus on sustainability by incorporating environmental, social, and governance factors; disclosure of reasons for votes on agenda items; and application of the Code to assets other than listed shares (such as corporate pension funds). (...)

4.117. (...) the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The MLIT represents Japan at the International Maritime Organization, which sets the worldwide standards for safety, security, and environmental norms for maritime transport.

4.119. Regarding the support regime, in 2020, Japan extended the "roll-over relief system" until the end of FY2022: it defers taxation of capital gains resulting from the sales of old vessels replaced by new and environmentally friendly ones. (...)The additional depreciation applicable to Japanese-flagged vessels fulfilling certain conditions, notably of environmental and high-technology natures, was also extended for two years until the end of FY2022.

4.124. (...) In addition, the MLIT[the Ministry of Land, Infrastructure, Transport and Tourism] (...)is considering a certification system for decarbonization of port terminals.[80]
[80] MLIT, MLIT Considers a Certification System for Decarbonization of Ports.
Viewed at: https://www.mlit.go.jp/report/press/port04_hh_000352.html.

4.128. During the review period, the Civil Aeronautics Act was revised several times. (...)The 2022 amendments (promulgated and enforced on 10 June 2022) stipulate that the Minister shall formulate a basic policy for the promotion of aviation decarbonization and promote decarbonization initiatives by Japanese airlines with a view to promoting decarbonization in the aviation sector. (...)

4.129. The Airport Act was also revised during the review period. The 2022 amendment to the Act (promulgated and enforced on 10 June 2022) requires that airport managers make airport decarbonatization promotion plans and have them authorized by the Minister of Land, Infrastructure, Transport, and Tourism. The plan describes how to: (i) develop solar power supplies within or around its own premises; and (ii) build new runways for airplanes to move efficiently on the ground. Japan aims to achieve carbon neutral at airports in their entirety by FY2050.

Table A3.3 Central government and IAA procurement, by service and by origin, 2019-20
(...)
No.: 17
Services: Sewage and refuse disposal, sanitation and other environmental protection
Total value (JPY 100 million): (2019)1236.1, (2020)0.0
Foreign share (%): (2019)766.9, (2020)0.5
(...)

Table A4.8 Fisheries subsidies notified in June 2021 for FY2018 and FY2019
Name of the programme:Programmes for development and adaptation of new technologies and conservation of fishing grounds
Level and form of the subsidy: - National; - Grants, etc.
Policy objective pursued: Support fishers and their organizations to conserve fishing grounds and mitigate damage by harmful marine species, using new technologies
Beneficiaries: Fishers and their organizations
Duration and amount: FY2019: JPY 3,588 million; FY2018: JPY 3,170 million
(...)

Table A4.8 Fisheries subsidies notified in June 2021 for FY2018 and FY2019
(...)
Name of the programme:Support for establishment of environmentally and economically sustainable fisheries
Level and form of the subsidy: - National; - Grants, etc.
Policy objective pursued: Enable fishers and their organizations to conduct sustainable fishing practices, thereby establishing environmentally and economically sustainable fisheries. Such supports include the mitigation of damages on fishers by natural and economic disasters, and promotion of structural reform of fisheries sectors
Beneficiaries: Fishers and their organizations
Duration and amount: FY2019: JPY 74,552 million; FY2018 JPY 54,017 million
(...)