Act on Promotion of Smooth Transition to a Decarbonized Growth Economic Structure (Act No. 32 of 2023). Country/Territory Japan Document type Legislation Date 2023 Source FAO, FAOLEX Subject Energy Keyword Emissions Energy conservation/energy production Climate change Tax/levy Financing Geographical area Asia, Asia and the Pacific, Eastern Asia, North Pacific, North-West Pacific Abstract This Act is enacted to promote a smooth transition to a decarbonized growth-oriented economic structure in Japan. The Act consists of 7 Chapters: General Provisions; Strategy for Promoting Transition to a Decarbonized Growth-Oriented Economic Structure; Decarbonized Growth Economic Structure Transition Bonds; Fossil Fuel Levy and Specified Business Contributions; Organization for Promoting Transition to a Decarbonized Growth-Oriented Economic Structure; Miscellaneous Provisions; Penalties. Full text Japanese Website elaws.e-gov.go.jp