International investor group letter on Japan’s NDC
International investor organisations, including Institutional Investors Group on Climate Change, have written to Prime Minister Shinzo Abe of Japan to encourage his government to demonstrate global climate change leadership by strengthening its emissions reduction pledges under the Paris Agreement ahead of the crucial 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change slated for November in Glasgow.
In the letter the six investor organisations encourage the Japanese Government to increase the ambition of its 2030 emissions reduction target from the current 26 per cent reduction goal and set a clear path to net-zero emissions by 2050. A copy of the letter can be found here and linked below.
The Net Zero Investment Framework: Supplementary Target Setting Guidance