Climate change in Japan of crude oil annually must reduce emissions by 15–20% of the average volume from the three years before this bylaw. Even with emissions trading or cap-and-trade, if the targeted reduction not is achieved by 2020, a penalty of up to JPY500,000 will be charged. This penalty chargeable regulation is the first in Japan. Japan created the Kyoto Protocol Target Achievement Plan to lay out the necessary measures required to meet their 6% reduction commitment under the Kyoto Protocol. It was first established as an outcome of the evaluation of the Climate Change Policy Program carried out in 2004. The main
Climate Change Capital a property fund that buys commercial green buildings or retrofits existing commercial properties in the United Kingdom. The company's think tank was established in 2009 to promote discussion of how capital can be deployed to mitigate and adapt to climate change. In 2006, the group launched the world's largest private sector carbon fund. In April 2012, Bunge Ltd, a global agribusiness and food company founded in 1818, acquired Climate Change Capital Group Limited. Climate Change Capital’s chairman is James Cameron, a member of General Electric's ecomagination board, a trustee member of the UK Green Building Council and the Carbon Disclosure