Climate change in Japan and Toyota hybrid electric vehicles were named to have the highest fuel efficiency and lowest emissions. The fuel economy and emissions decrease is due to the advanced technology in hybrid systems, biofuels, use of lighter weight material and better engineering. As a signatory of the Kyoto Protocol, and host of the 1997 conference which created it, Japan is under treaty obligations to reduce its carbon dioxide emissions and to take other steps related to curbing climate change. The Cool Biz campaign introduced under former Prime Minister Junichiro Koizumi was targeted at reducing energy use through the reduction of air conditioning
Climate Change Capital Project. Climate Change Capital's CEO is Eric Alsembach who also serves as the managing director of the Bunge Asset Management group. Climate Change Capital Climate Change Capital is a private asset management and advisory group founded in 2003 by Lionel Fretz and James Cameron to support efforts to develop solutions to climate change and resource depletion. The company established an advisory group in 2004 to provide financial, strategic and policy advice to energy-intensive industries, financial institutions, cleantech companies and governments. The asset management business, which was established in 2005, includes a carbon finance fund that invests in emission reduction projects,