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Japanese government to create “Green GDP” as economic indicator

  • August 12, 2021
  • , Nikkei , p. 6
  • JMH Translation

The Japanese government will create a new indicator that combines gross domestic product (GDP) and progress made in reducing greenhouse gas emissions. The indicator will be a “Green GDP,” which will be calculated differently from conventional GDP. Since Japan’s emissions have decreased in recent years, the new indicator is expected to show a positive growth rate. Amid decarbonization actions worldwide, the indicator will show Japan’s [decarbonization] activities in conjunction with economic growth.

 

The Cabinet Office will ask the private sector to conduct surveys toward system design in FY2021. (Abridged)

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