Chubu Electric Power Co.,Inc. | Overseas Initiatives - Building a Low-Carbon Society

Building a Low-Carbon Society Overseas Initiatives

Global Warming Prevention Overseas

Climate change is an issue that needs to be dealt with on a global scale. Chubu Electric Power helps in part by investing in the World Bank's Prototype Carbon Fund (PCF),and some other projects.

Project/study name Countries covered Content Time of implementation
Investment projects Malaysia Participation in oil palm empty fruit bunch biomass project (a CDM project) FY2006 -
World Bank's Prototype Carbon Fund (PCF) Industrializing countries and countries transitioning to market economies Greenhouse gas reduction projects in Africa and Southeast Asian countries FY2000 -

CDM: Clean Development Mechanism. (A system in which an industrialized nation. provides funding. for greenhouse gas reduction projects carried out between industrialized and industrializing nations, and the greenhouse gas reductions can be used to meet the industrialized nation's reduction targets.)

PCF: World Bank's Prototype Carbon Fund. (A fund officially started in January 2000. It was established with the objective of using funds collected from investors and investing them in greenhouse gas reduction projects in industrializing nations; the resulting greenhouse gas reductions are then distributed to investors.)