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Green Finance Subsidy Program for Tokyo Market Entry Determination of Companies to be Supported

March 28, 2022

Office for Startup and Global Financial City Strategy

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While looking ahead to the post-Corona period, The Tokyo Metropolitan Government (TMG) is promoting "Sustainable Recovery," which aims for a sustainable economic and social recovery by advancing climate change countermeasures. To ensure this, TMG is further promoting green finance, an investment for the future, and expanding its market.
As one of the measures to realize this goal, we launched the " Green Finance Subsidy Program for Tokyo Market Entry " this fiscal year, which provides focused and intensive support for expenses required by overseas asset managers and fintech companies involved in green finance when they start new businesses in Tokyo.
We are pleased to announce that 48 companies from 17 countries and regions applied for the program, and six companies were selected for subsidy by a selection committee of outside experts and others.

Outline of companies eligible for support（alphabetical order）

Company Country/Region Business Overview
Cogo, Connecting Good Ltd New Zealand Providing services to visualize the carbon dioxide emissions from customers' consumption activities under the partnership with banks and others.
Doconomy AB Sweden Providing a service that calculates consumers' carbon dioxide emissions from financial transactions through credit cards, etc., and estimates their impact on the global environment.
MaximusLife United States of America Provides a service for employees of companies to calculate the carbon footprint of their daily activities and offset their carbon footprint through an app.
RepRisk AG Switzerland Provides reporting services to financial institutions based on actual and analyzed data from the world's largest database of ESG and corporate risk data.
RIMM Sustainability Pte Ltd Singapore Provides services to manage ESG/SDGs information of companies and organizations, mainly SMEs and start-ups, and report to financial institutions, etc.
SESAMｍ SAS France Providing ESG scores and insights of private companies to banks and funds around the world via a platform using alternative data and artificial intelligence.

※For more information, please visit the TMG website.

*Please click here for the original Japanese article.

For Inquiries
Strategic Projects Section, Strategy Promotion Division, Office for Startup and Global Financial City Strategy
E-mail: S1130103@section.metro.tokyo.jp
 

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