Recognizing that the path to energy security is through clean energy, the United States and Japan intend to build on their cooperation to increase climate ambition, including through decarbonization and clean energy, and to continue to lead their respective national climate efforts and accelerate international climate change. stock. Both parties intend to enhance bilateral cooperation in the priority areas below to achieve their 2050 net zero targets and aligned 2030 Nationally Determined Contributions (NDCs) under the Paris Agreement , while promoting a global trajectory consistent with keeping the global temperature increase to 1.5 degrees Celsius. at hand.
Both parties intend to further cooperate and accelerate their respective actions by:
- Exchange views on respective national planning and policy implementation to achieve their respective 2030 NDCs under the Paris Agreement and 2050 net zero emissions targets;
- Work to, in line with their respective climate finance commitments, continue to contribute to the full achievement of the goal of developed countries to jointly mobilize $100 billion in climate finance as soon as possible, in line with the Climate Finance Plan, including including by strengthening action on the ten principles of collective action identified therein;
- Advance efforts to make financial flows compatible with the global achievement of net-zero greenhouse gas emissions by 2050, with deep emission reductions in the 2020s and climate-resilient development;
- Work to ensure there is no new direct government support for unabated international coal-fired power generation and to rapidly develop technologies and policies that further accelerate the transition of coal-fired capacity relentlessly towards an extremely low-carbon electricity system in the 2030s, in line with our 2030 NDCs and net zero commitments, while ensuring a stable energy supply;
- Advance the rapid decarbonisation of road transport, including striving to achieve a significant market share for zero-emission vehicles in the light-duty sector by 2030, reducing emissions from medium and heavy-duty vehicles and promoting the innovation for various technologies;
- Strengthen cooperation bilaterally and through multilateral forums to address climate-related financial risks and opportunities, including by promoting consistent and comparable mandatory disclosure of climate-related information that is useful for decision-making for investors;
- Continue to intensify efforts and cooperation in innovation and deployment of advanced technologies, especially in areas such as renewable energy, energy storage (such as batteries and energy storage technologies long-term), smart grids, building electrification, energy efficiency, clean hydrogen and clean ammonia, carbon use and storage/recycling, industrial decarbonization and advanced nuclear energy , including small modular reactors; and advancing collaboration under the U.S.-Japan Clean Energy and Energy Security Initiative (CEESI), including several new bilateral working groups to accelerate offshore wind, geothermal energy technologies and nuclear energy;
- Collaborating with the First Movers Coalition (FMC), where the United States welcomes Japan as a government partner and board member, and recognizing that Japan’s participation in the First Movers Coalition, a flagship initiative launched in COP26 to stimulate demand for green innovation in -to reduce sectors, will help increase the role of Japanese companies in these efforts, align public investment and demand for green innovation in CME sectors, and provide supportive policies to help increase supply to respond to CMF demand signals;
- Collaborate to accelerate the deployment of heat pumps in our respective national markets and globally to replace fuel burned in buildings and advance energy security and climate goals through the electrification of space heating and water in buildings, for example through support for manufacturing, training and promotion;
- Advance collaboration to accelerate subnational action, including through the Global Subnational Zero Carbon Initiative by continuing the International Zero Carbon City Forum, sharing best practices and considering opportunities for action collaborations in third countries;
- Coordinating closely our diplomatic efforts to ensure that all major economies take bold steps in the 2020s to keep a warming limit of 1.5 degrees Celsius within reach, including through the Major Economies Forum and the G20;
- Strengthen collaboration on the implementation of Article 6 of the Paris Agreement, including through capacity building activities on high integrity carbon markets by sharing best practices and lessons learned;
- seek cooperation opportunities to make full use of existing nuclear energy and advance innovative nuclear power technologies, including by strengthening industrial partnerships and deepening successful cooperation in capacity building in third countries under the fundamental infrastructure for the responsible use of small modular reactor technology (FIRST);
- Strengthen cooperation to address methane emissions globally, recognizing the importance of the Global Methane Commitment and early global action to address methane; and implementing the reduction of methane emissions based on respective national plans, and encouraging countries that do not have such plans to develop them, and to seize opportunities to provide financial and technical assistance to help third countries to achieve their methane reduction targets; and the United States, as one of the largest producers and Japan, as one of the largest consumers, intend to take action to reduce methane emissions from production and consumption. Japan intends to share knowledge and information on technology to reduce methane emissions through a quadruple roundtable focusing on the oil and gas sector;
- Work to accelerate the deployment of offshore wind installations, both domestically and in third countries, and seek partnerships to increase funding, improve policy conditions, and undertake relevant technical work, recognizing the U.S. goal to deploy 30 gigawatts (GW) of offshore wind power by 2030, and Japan’s goal to deploy 10 GW of offshore wind by 2030;
- Secure resilient and diverse supply chains of critical minerals to support energy security and the clean energy transition;
- Collaborate on government greening initiatives with the aim of using the purchasing power of our respective national governments to achieve ambitious goals, including the supply of carbon-free electricity, the acquisition of zero-emission light-duty vehicles, the zero-emission building construction and lighting upgrades for high-efficiency lighting, contributing to net-zero emissions by 2050 through greening of overall national government operations;
- Building on extensive cooperation established on the decarbonization of the shipping sector to promote the demonstration, deployment and adoption of low- or zero-emission life-cycle fuels and technologies for shipping, recognizing that decarbonization of the maritime transport sector is essential to the transition to a clean energy economy; advancing ocean-based climate actions such as green shipping lanes and zero-emissions shipping procurement;
- Cooperate to accelerate the transition to decarbonized and low methane economies in third countries, in particular in the Indo-Pacific, notably through:
The Japan-US Clean Energy Partnership (JUCEP), which advances the deployment of renewable energy and decarbonization technologies in the Indo-Pacific through partnerships with the private sector, and; The Japan-US Mekong Power Partnership, or JUMPP, which supports Mekong energy security while encouraging greater regional power trade, renewable energy integration, and electricity market development.
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