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

 

 

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 " last 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.
This fiscal year, we are pleased to announce that 54 companies from 18 countries and regions applied for the program, and seven companies were selected for subsidy by a review committee of outside experts and others.

Outline of companies eligible for support（japanese syllabary order）

Company	Country/Region	Business Overview
Impax Asset Management( External link )	United Kingdom	Investing in the opportunities arising from the transition to a more sustainable global economy. Believing that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.
Energy X( External link )	Republic of Korea	Providing platform which enables financing for small and medium-sized renewable energy projects (installation of solar power generation systems to individual homes) and construction of zero energy buildings.
FNZ( External link )	United Kingdom	Providing platform enabling simplification and digitalization of wealth management for institutional investors etc. Partnering with over 650 of the world’s leading financial institutions and 8,000 wealth management firms.
Climate Finance Asia( External link )	Hong Kong	Providing ESG services, certification of green bonds, second-party opinions, and carbon footprint measurement solution for financial institutions and companies.
Traydstream ( External link )	United Kingdom	Building a powerful AI driven platform for trading companies or financial institutions, that digitizes trade documents and automates the trade and compliance checking processes. Developing an ESG scoring service using accumulated data.
Powerledger( External link )	Australia	Providing platform which enables trading and tracking of renewable energy using blockchain technology.
Pi-xcels( External link )	Singapore	Providing device and platform for offline retailers to reduce the use of thermal paper receipts and issue digital receipts.

※For more information, please visit the TMG website.

*Please click here for the original Japanese press release.