Background and Objectives for Establishment
How to improve the energy access, meanwhile, poses another major challenge, with approximately one billion people around the world still unable to achieve the benefits of electricity.
Given this situation, carbon recycling policies that see CO2 as a resource to be used and promote innovation in this field are coming to play an important role in Japan’s energy policies. Rather than seeing CO2 in a negative light as has been the case in recent years, it is also recognized that, in order to achieve the goal of carbon neutrality by 2050, further efforts will be needed that make active use of CO2 as a source of carbon.
Accordingly, the Carbon Recycling Fund Institute was established on August 30, 2019 under a private sector initiative with the aim of both addressing the global warming issue and improving the energy access throughout the world. The new institute will foster innovation in carbon recycling by public relations and sponsoring the research and development in the field.
Message
Message from Chairperson, Tsugio Mitsuoka
Reaching net zero emissions through a combination of thorough emissions reduction and CCUS (Carbon dioxide Capture, Utilization and Storage) is thought to offer a substantial solution to carbon neutrality. In this context where CO2 has been considered in a negative light, carbon recycling, which instead makes use of CO2 as a useful resource, is gaining increasing importance.
By its original definition, CO2 is a fundamental substance that is necessary for the preservation of the earth’s system. Living beings, including humans, would not be able to exist without CO2. Now is the time to humbly and earnestly learn from and aim for innovations that help us to live in symbiosis with nature.At the Carbon Recycling Fund Institute, as we approach carbon recycling within a wider, global perspective, our goal is to construct a “Sustainable Carbon Society” where carbon compounds containing CO2 are recycled using nature’s powers within a material recycling system involving all parts of the earth, including the atmosphere, land and sea.
Together with our members, we will generate concrete regional projects and engage in further international collaboration as we deepen cooperation with different countries and participating organizations.
Overview
name: Carbon Recycling Fund General Incorporated Association
Establishment date: August 30, 2019
main office: 105-0003, 3rd floor, Daiichi Misu Building, 2-34-7 Nishi-Shinbashi, Minato-ku, Tokyo
TEL:+81-3-6432-0011
【board member】
chairman: Tsugio Mitsuoka (Chairman and Representative Director, IHI Co., Ltd.)
Vice-president: Masayoshi Kitamura (Special Advisor, Electric Power Development Co., Ltd.)
managing director: Masamichi Hashiguchi
director: Susumu Nibuya (Representative Director and Vice President, Idemitsu Kosan Co., Ltd.)
auditor: Koji Takeda (Managing Executive Officer, IHI Corporation, Head of Resources, Energy, and Environment Business Area)
【Advisor】
Top adviser: Yoshimitsu Kobayashi (Chairman of the Board, Tokyo Electric Power Company Holdings, Inc.)
advisor: Takeo Kikkawa (Vice President, International University)
【Membership type】 (Annual membership fee)
corporate membership: ¥ 200,000
individual member: ¥ 10,000
Local government member: (-)
Academic member: (-)
【Business summary】
1. Research grant activities
In order to realize carbon recycling and put it into practical use, there are various issues such as cost issues and lack of progress in basic research. We carry out research support activities such as issuing grants to researchers who take on these challenges and create innovation.
2.Public relations activities
In addition to providing the latest domestic and international information through website management and various publications, we also hold events, symposiums, and training sessions in collaboration with various media, and carry out public relations activities such as awareness activities related to carbon recycling. I will do it.
3. Tree planting activities
In order to expand the user side of the CO2 value chain, we have established a study group consisting of experts and companies who organize issues, collect necessary data, and explore business in the wood supply chain, and make CO2 absorption sources more accessible. By carrying out activities to spread understanding, we will support the creation of an environment in which companies can promote efforts to expand CO2 absorption sources.
4.Other activities
●Various domestic and international surveys
We conduct surveys to understand technological trends related to carbon recycling both domestically and internationally.
●Policy recommendations, etc.
We will make recommendations for creating international rules and national energy, environment, and technology development policies to promote CCUS, including carbon recycling.
Organizational structure
Member benefits
- You can participate in research grant activities carried out by our corporation.
- You can participate in public relations activities such as symposiums held by our corporation, and you can publicize your company’s activities.
- You can participate in various research activities conducted by our corporation.
- Get the latest information on carbon recycling.
- You can exchange information with member companies.
Carbon recycling fund logo design
The sky and sea are expressed by using a deep blue color.
The benzene ring is expressed by making the overall shape a “regular hexagon.”
By combining the “C” of Carbon and the “R” of Recycling, we express “carbon circulation.”
*Trademark registration No. 6352536
