Expectations for Lending of Green Loans in Japan
Since the first green loan in Japan was executed in 2017, the use of proceeds for executed green loans have mainly centered on to renewable energy and green buildings.
Green Loan Amount in Japan
- As of September 20, 2024
- Exchange rates (2014~2023): USD1=JPY110, EUR1=JPY135, AUD1=JPY90
- Exchange rates (2024~): Converted into yen using the Bank of Japan's exchange rates for January of each year, which is used by the ministries in making their reports.
- The Bank of Japan's exchange rates: https://www.boj.or.jp/about/services/tame/tame_rate/syorei/index.htm
- Currency fluctuations affect the total amount of issuance.
- The table below shows the total issuance amount by currency.
currency | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
billion JPY | 0 | 0 | 0 | 15.7 | 14 | 65.2 | 80.6 | 162.8 | 802.2 | 947.4 | 555.9 |
billion USD | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
billion EUR | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.009 | 0 | 0 |
billion AUD | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
- Source: Created by the Ministry of the Environment based on websites of the issuers
- * This database is not screened by the Ministry of the Environment and is compiled based on the labeling declared by issuers and financial institutions.
- * In regards to the loan whose amount is undisclosed, only the number of deals is reported, not the origination amount.
Global Market Status
Since the world's first green loan was executed in 2014, the execution of green loans have been mainly seen in Europe and the Asia Pacific.
Global Green Loan Amount
- * The amount of green loans totals the value amount of loans labeled as such in the Environmental Finance database. Environmental Finance does not have its own screening criteria but rather aims to track and include all self-labelled loans. The conversion from other currencies to the USD is based on the exchange rate taken daily from Oanda at loan settlement date.
- Source: Created by the Ministry of Environment based on the Environmental Finance Database (data as of September 24, 2024)
Global Green Loan Amount (by Region)
- * The amount of green loans totals the value amount of loans labeled as such in the Environmental Finance database. Environmental Finance does not have its own screening criteria but rather aims to track and include all self-labelled loans. The conversion from other currencies to the USD is based on the exchange rate taken daily from Oanda at loan settlement date.
- Source: Created by the Ministry of Environment based on the Environmental Finance Database (data as of September 24, 2024)