The “Earthquake Resistance and Environmental Real Estate Formation Promotion Project,” the “Special Tax Credit for Specified Residential Repairs,” and the “Low Carbon Building Certification Program” are all examples of public “green” financing initiatives.
In addition, the Ministry of Land, Infrastructure, Transport and Tourism; the Ministry of Agriculture, Forestry and Fisheries; and the Ministry of the Environment have a number of other programs to support “green infrastructure,” which utilizes the functions of the natural environment for infrastructure development.
As of April 2024, there are no private “green” financing initiatives for sustainable real estate projects.