Trade & Industry towards Carbon Neutrality | EU-Japan Online Conference
Japan and the EU share the objective of reaching carbon neutrality by 2050. Both implement policies and support investments towards this goal, building the foundation for a sustainable green growth. Innovation in clean technologies and their successful commercialization are needed for modern and competitive economies.
The EU-Japan Economic Partnership Agreement signed in 2018 creates an open trade zone covering over 600 million people and a third of the global value of goods and services. This agreement reaffirms the shared commitment of the EU and Japan to sustainable development. As such, it can contribute to promoting trade and investment between Europe and Japan, in industrial solutions for a decarbonized society.
Businesses from both sides already work together in a number of sectors contributing to decarbonization, such as renewable energy, hydrogen or clean mobility. This cooperation can be expanded, to the benefit of an accelerated, cost-effective, large scale deployment of low-carbon industrial solutions in the EU, Japan and other regions.
Building on the strength of bilateral trade, and leveraging the effect of EU-Japan cooperation on regulations and standards, the event will focus on technologies and sectors that are key to achieving carbon neutrality by 2050 in the EU and Japan: renewable energy, hydrogen, clean mobility, and the raw materials required by these industries.
It will aim at facilitating the exchanges of experiences between business representatives from the EU and Japan about the potential opportunities associated with green growth, on both markets and on the global scene.