1. 20121206 COP18 ICLEI
Tokyo Cap & Trade
& International Knowledge exchange
Yuko Nishida
Bureau of Environment
Tokyo Metropolitan Government

2. Tokyo Cap-and-Trade Program (2010-): Outline
“The World’s First Urban Cap-and-Trade Program”
Covered gas: energy related CO2 emissions
Coverage: 1300 facilities emitting large amount of CO2
• Mainly buildings in the commercial sector
• Covers 40% of missions from commercial & industrial sector in Tokyo
Cap: 6% reductions for the 1st phase, 17% for the 2nd (two 5yr period)
Compliance Obligation: Covered facilities are required 6 or 8%
reductions over a 5 year period from their own base year emissions
Allowance allocation: Grand-fathering, for free
Emission Trading: Tradable allowances are limited to the excess
reductions over compliance obligations
MRV system has established for the program
Offset system: renewables, emission reductions in small facilities, etc.

3. Excellent Results!
1. First year reports from covered facilities
In total 13% reductions from the base year emissions
64% of facilities reduced more than their compliance
obligations for a year
2. Responding Buildings Sector
Vast investment in “Greening” buildings
3. Great help to overcome the power crisis after
“Fukushima”
Preparedness for the energy scarce situation

4. Urban Cap-and-Trade is an effective policy tool
to reduce emissions from a demand side
Cities’ alliance is the key
to share knowledge and experiences in depth

5. Reference
TMG Website
www.kankyo.metro.tokyo.jp/enf
Tokyo Cap& trade
www.kankyo.metro.tokyo.jp/en/climate/cap_and_trade.html
www.kankyo.metro.tokyo.jp/en/int/TOP30_English.pdf
Low Emission Building TOP 30 in Tokyo
www.kankyo.metro.tokyo.jp/en/int/top30.html
Green Building Program
www.kankyo.metro.tokyo.jp/en/climate/build.html
Contact
tokyoets@kankyo.metro.tokyo.jp
Yuuko_Nishida@member.metro.tokyo.jp

6. Overcome the power crisis
after the Fukushima accident
60mW
Peak load in 2010
59.99 mW
50mW
Demand in 2010
Peak load in 2012
40mW 50.78 mW
Peak Load Cut in 2012
30mW Demand in 2012
15%, 9.25mW (at peak)
7%, 8.78mW (in 2 months ave.)
20mW
1 July 8 July 15 July 22 July 29 July 5 Aug. 12 Aug. 9 Aug. 25 Aug. 31Aug.
Peak Power Consumption (from 1 July to 31 Aug.)