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Annual Report 2007

Commissioned Researches
 
  1. The Research on Global Trends on Climate Change at Home and Abroad
    Policy measures to address climate change should be formulated in light of behaviors of major countries, although international situations over the Post-Kyoto framework after 2012 seem to be uncertain. To contribute to input key information for policy formulation, we, as observers, have attended international meetings on climate change, including the Conference of the Parties to the UN Framework Convention on Climate Change (COP) and the meetings of the Subsidiary Bodies (SB) to study the trend of such processes. In addition, we have conducted a research and analysis on the latest situation of major countries including EU member countries, the US, Canada, and Australia.

  2. The Research on International Trends over Global Warming: Activities of the Japanese Bureau of WGIII for IPCC AR4
    The Fourth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC) is due to be completed in 2007. Having undergone the government/expert review process, the second draft report of the IPCC Working Group III on mitigation was completed as a final draft version after the fourth CLA meetings held in New Zealand. It is now under final review by governments. We have organized a Japanese bureau of IPCC WG III to support activities of authors and review processes.

  3. The Research Committee on Financial Accounting for the Promotion of Kyoto Mechanisms
    Emission trading of greenhouse gases has now come into reality as a way to address climate change. Amidst the background, accounting and tax procedural treatment in relation to emissions credit trading has drawn increasing attention from businesses. The Accounting Standard Board of Japan, ASBJ, in July 2006, released the Practical Solution on Tentative Treatment of Accounting for Emission Trades, although detailed guidance on relevant practices was not yet clarified. Therefore, our committee invited business experts to identify issues to be addressed in financial accounting and tax procedures. Upon their suggestions, committee members discussed what should be done specifically for the future.