Forecast: Total Support on Coal for All Beneficiaries or Sectors in Japan

In Japan, the forecasted total support on coal for all beneficiaries or sectors shows a gradual decline from 2024 to 2028, starting at 18.35 million USD and reducing to 17.26 million USD. Compared to previous years, this reflects a continuous downward trend aimed at diminishing reliance on coal energy. In 2023, the support stood at a comparable level of 18.80 million USD. The year-on-year decrease from 2024 to 2025 is approximately 2%, with a similar declining trend observed throughout the period. The compound annual growth rate (CAGR) for 2024-2028 is approximately -1.5%.

Future trends to watch for:

  • Continued policy changes aimed at renewable energy investments could accelerate the reduction in coal support.
  • Technological advancements may increase efficiency, reducing financial backing for coal.
  • Global environmental agreements might impose stricter regulations on coal usage, further influencing the declining trend.

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