Tag: Tokyo

This week the Financial Times (FT) released its annual Urban Ingenuity Magazine, marking the end of a year-long process with the announcement of the 2012 FT/Citi Ingenuity Award winners. These were selected from a group of finalists including C40 cities Houston, Paris and Tokyo. The awards—honoring a winner and runner-up in the categories of education, energy, healthcare and infrastructure—accepted entries from municipalities, community groups, charities and businesses proposing original solutions to urban problems.

The results of the first fiscal year of operation of Tokyo’s cap and trade program are in – and they go far in validating the city’s groundbreaking initiative to introduce a market-based approach to emissions reductions at the urban scale. Reports on 1,159 building facilities show collective emissions reductions of 13 percent over base-year figures; this was due to the active implementation of more than 5,700 measures by building owners to reduce energy use and corresponding emissions.