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C40 Blog

Posts tagged with "Tokyo"

Update on Tokyo: Year two results from the world’s first urban cap-and-trade program

On January 21, 2013, the Tokyo Metropolitan Government announced the results from the second year of its cap-and-trade program. Reports submitted from 934 facilities to the end of November 2012 show a further 10% emission reduction from reporting facilities below the year-one (2010) figures, bringing the second year total to an overall 23% emission reduction below the base-year emissions.

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C40 Cities Houston, Paris and Tokyo Recognized at the 2012 FT/Citi Ingenuity Awards

This week the Financial Times (FT) released its annual Urban Ingenuity Magazine, marking the end of a year-long process with the announcement of the 2012 FT/Citi Ingenuity Award winners. These were selected from a group of finalists including C40 cities Houston, Paris and Tokyo. The awards—honoring a winner and runner-up in the categories of education, energy, healthcare and infrastructure—accepted entries from municipalities, community groups, charities and businesses proposing original solutions to urban problems.

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Spotlight on Tokyo: world’s first urban cap and trade program yields promising first-year results

The results of the first fiscal year of operation of Tokyo’s cap and trade program are in – and they go far in validating the city’s groundbreaking initiative to introduce a market-based approach to emissions reductions at the urban scale. Reports on 1,159 building facilities show collective emissions reductions of 13 percent over base-year figures; this was due to the active implementation of more than 5,700 measures by building owners to reduce energy use and corresponding emissions.

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