Tokyo Cap-and-Trade Program

Tokyo Cap-and-Trade Program

Tokyo Cap-and-Trade Program is Japan's first mandatory emissions trading scheme. Approximately half of Tokyo’s CO₂ emissions come from the industrial and commercial sectors, with large-scale facilities contributing around 40% of those emissions. Since 2002, the Tokyo Metropolitan Government (TMG) has required large facilities to report their greenhouse gas emissions and submit plans to reduce emissions to encourage voluntary and systematic climate action by these facilities. Building on the data accumulated through the reporting program, TMG amended its ordinance and launched the Tokyo Cap-and-Trade Program in April 2010, with the aim of comprehensively reducing emissions by determining mandatory emission reductions for each facility within a specified period. Under this program, covered facilities are expected to implement their own reduction measures first, but they can also procure credits through emissions trading with other facilities or use offset credits certified by TMG, enabling them to meet their reduction obligations in a cost-effective way.

The program is currently in its fourth compliance period, which covers April 2025 to March 2029.

News

NEW TMG Certifies 11 “Top-Level Facilities” for Outstanding Global Warming Countermeasure Efforts Under the Tokyo Cap-and-Trade Program (Press Release March 23. 2026) (PDF：404KB)

NEW Results of Tokyo Cap-and-Trade Program in the Final Fiscal Year of the Third Compliance Period（PDF：370KB）

Results of Tokyo Cap-and-Trade Program in the Fourth Year of the Third Compliance Period（PDF：414KB）

TMG Certifies 2 “Top-Level Facilities” for Outstanding Global Warming Countermeasure Efforts Under the Tokyo Cap-and-Trade Program(Press Release March 25. 2024)

Results of Tokyo Cap-and-Trade Program in the Third Year of the Third Compliance Period（PDF：912KB）

TMG published "Efforts from FY 2025 in the climate change programs for existing buildings based on the Ordinance on Environmental Preservation to Secure the Health and Safety of Citizens of the Tokyo Metropolitan Area"(Press Release October 13. 2023 ) （PDF：920KB）

Results of Tokyo Cap-and-Trade Program in the Second Year of the Third Compliance Period（PDF：742KB）

Results of Tokyo Cap-and-Trade Program in the First Year of the Third Compliance Period（PDF：904KB）

Obligation Fulfillment Status of the Second Compliance Period（PDF：566KB）

Results of Tokyo Cap-and-Trade Program in the Second Compliance Period（PDF：1,047KB）

The 9th Year Result of the Tokyo Cap-and-Trade Program (Press Release March 26. 2020)（PDF：983KB）

TMG finalizes the cap for Tokyo Cap-and-Trade Program after 2020 (Press Release March 29.2019)（PDF：1,486KB）

The 8th Year Result of the Tokyo Cap-and-Trade Program (Press Release February 19. 2019)（PDF：491KB）

The 7th Year Result of the Tokyo Cap-and-Trade Program (Press Release February 21. 2018)（PDF：752KB）

The 6th Year Result of the Tokyo Cap-and-Trade Program （PDF：404KB）

* TMG held the "ICAP Tokyo Symposium 2017" jointly with the International Carbon Action Partnership (ICAP)

The 5th Year Result of the Tokyo Cap-and-Trade Program （PDF：427KB）

The 4th Year Result of the Tokyo Cap-and-Trade Program （PDF：293KB）

The 3rd Year Result of the Tokyo Cap-and-Trade Program （PDF：333KB）

Tokyo receives the winner of C40&Siemens City Climate Leadership Awards2013

The 2nd Year Result of the Tokyo Cap-and-Trade Program （PDF：215KB）

Tokyo received the Most Groundbreaking Policy Award from the World Green Building Council (WorldGBC),2011（PDF：82KB）

Result of the First Fiscal Year of the Tokyo Cap and Trade Program （PDF：66KB）

Documents

NEW Outline of the Tokyo Cap-and-Trade Program-the Fourth Compliance Period(Leaflet)（PDF：759KB）

Tokyo Cap-and-Trade Program-the Third Compliance Period(Outline)（PDF：4,012KB）

Tokyo Cap-and-Trade Program-the Second Compliance Period(Details)（PDF：4,285KB）

TMG Presentation(C40&Siemens City Climate Leadership Awards) （PDF：1,335KB）

TMG held the "ICAP Tokyo Symposium 2017" jointly with the International Carbon Action Partnership (ICAP)