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New report released examining alignment of Japanese equity market with the 2°C climate goal
-Japanese market falling short of Paris Climate Agreement-
This report compares the energy and technology exposure of the Tokyo Stock Price Index (TOPIX) with the 2°C roadmap developed by the International Energy Agency (IEA). The analysis is based on a translation of this climate scenario into “2°C benchmarks” for investment portfolios, focusing on a 5-year window: 2016-2021. A 2°C portfolio for TOPIX represents the relative amount of energy/technology which TOPIX companies should produce/use to achieve the 2°C target under the IEA 2°C scenario.
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IGES receives 2017 Dubai International Award for Best Practices (DIABP)
The 2017 DIABP was given to “Making Land-use Climate-sensitive: A Project to Increase Resilience of Cities against Floods by Integrating Climate Change into Land-use Planning”, an IGES project generously supported by the Japanese Ministry of the Environment. The project has been implemented since 2014 in collaboration with the University of the Philippines, Los Banos, local governments in the Silang-Sta. Rosa subwatershed, and the Laguna Lake Development Authority (LLDA).
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