From the Stern Report to the Paris Agreement - Weaving the Future to Climate Change Challenges

From the Stern Report to the Paris Agreement - Weaving the Future to Climate Change Challenges

The 2007 Stern Review pointed out that early implementation of greenhouse gas reductions would be economically beneficial and that failure to take action would result in a loss of up to 20% of GDP. 2010s saw the adoption of the Paris Agreement, which set a target to limit global warming to less than 1.5°C. In Japan, a feed-in tariff (FIT) system was introduced in 2012, and the spread of solar power generation has been progressing. Meanwhile, the accident at the Fukushima Daiichi Nuclear Power Plant in 2011 prompted a review of energy policy, with the IPCC proposing a 43% reduction target for the 2020s, Tokyo's "Zero Emission Tokyo Strategy," Fukushima Prefecture's reconstruction project, and Toyota's development of hydrogen fuel vehicles. The response to climate change is evolving into an effort involving policy, technology, and society as a whole.