Japan has updated its Nationally Determined Contribution (NDC), committing to cut its greenhouse gas (GHG) emissions by 60% in fiscal year 2035 and by 73% in fiscal year 2040, compared to its fiscal year 2013 levels (1.4 GtCO2eq). This would correspond to reaching an emission level of 570 MtCO2eq in 2035 and 380 MtCO2eq in 2040. Japan will establish and implement the Joint Crediting Mechanism (JCM); through public-private collaborations, it aims to secure accumulated emission reductions and removals of approximately 100 MtCO2eq by FY 2030 and approximately 200 MtCO2eq by FY 2040.
This NDC is more ambitious than the first one, which targeted a 46% reduction in GHG emissions by 2030 compared to 2013 (up from a initial target of 26%), as Japan aims to reach net zero by 2050. However the reference year - 2013, when nuclear power plants were offline in the wake of the Fukushima disaster and when thermal power generation was at its highest level - remains the same. Since their 2013 peak, Japan's GHG emissions have declined by 2.5%/year, reaching 1,094 Mt in 2023. The 570 MtCO2eq target by 2035 would correspond to a 48% cut compared to 2023 and the 380 MtCO2eq target by 2040 to a 65% cut.

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